Written Question·Department for Business and Trade·UIN 53474

Trade Agreements: USA

Tabled: 20 May 2025

Answered: 9 June 2025

Question

Sir John Hayes

Conservative — South Holland and The Deepings

To ask the Secretary of State for Business and Trade, what assessment his Department has made of the potential impact of the UK-US trade agreement on levels of investment in (a) Lincolnshire and (b) the East Midlands.

Answer

Mr Douglas Alexander

The US is our biggest investor and our top investment destination. At the end of 2023, the UK and US had over £1.2 trillion invested in each other’s economies.On 8th May, the UK government announced a landmark economic deal with the US. This deal protects...

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