In Parliament - Jonathan Reynolds MP

UK-US Economic Prosperity Deal

Department for Business and Trade

Written Ministerial Statements

On 8 May 2025, the Prime Minister and the President concluded a landmark economic deal between the United Kingdom and the United States. The deal was defined in the General Terms for the Economic...

Topical Questions

Business and Trade

Jonathan Reynolds made a speech in the House of Commons

That is an area of concern to us all. We support and continue to implement some of the listing rules and prospective changes of the previous Government, but the bigger change from this Government...

Topical Questions

Business and Trade

Jonathan Reynolds made a speech in the House of Commons

I shall of course take that up with the hon. Member. I have spent a fair bit of time in his constituency, as he knows, on one matter or another. On fair trade and level playing fields, colleagues...

Topical Questions

Business and Trade

Jonathan Reynolds made a speech in the House of Commons

I am extremely grateful to my hon. Friend for updating the House on that matter. He will know that one of the brilliant things about the UK-India deal is that it is not just for the higher-value,...

Topical Questions

Business and Trade

Jonathan Reynolds made a speech in the House of Commons

The hon. Gentleman knows the Government, and the Treasury in particular, monitor the impact of all taxation. I have to be frank with colleagues: I have no idea what the Conservatives are trying...

Topical Questions

Business and Trade

Jonathan Reynolds made a speech in the House of Commons

I am concerned by the figures the hon. Gentleman raises; if he writes to me, I will look into that immediately. We have taken extensive action to sanction not just individuals, but the shadow...

Topical Questions

Business and Trade

Jonathan Reynolds made a speech in the House of Commons

My hon. Friend knows that I believe the workers at that mill in her constituency are a national asset and that I want them to have a strong future as part of our overall steel strategy. We are...

Topical Questions

Business and Trade

Jonathan Reynolds made a speech in the House of Commons

I firmly agree with the hon. Gentleman that a level playing field is not just an economic necessity, but a matter of economic security and production in western economies like our own. Of course,...

Topical Questions

Business and Trade

Jonathan Reynolds made a speech in the House of Commons

I thank my right hon. Friend and the Select Committee for all their work in this area. He knows my view from the evidence that I have given. The significant increase in industrial energy prices...

Topical Questions

Business and Trade

Jonathan Reynolds made a speech in the House of Commons

We had a wonderful visit about a year ago, and I hope the Pangbourne Cheese Shop is still going strong. Yes, the regulatory burden on small business is a huge area of attention for this...

Topical Questions

Business and Trade

Jonathan Reynolds made a speech in the House of Commons

I absolutely accept that invitation, and I can tell the hon. Gentleman that we are already extremely involved, as is the Minister for Industry. We welcome what has happened with Airbus, but we...

Topical Questions

Business and Trade

Jonathan Reynolds made a speech in the House of Commons

I understand the prominence of the issue in the right hon. Member’s constituency. We already import a significant amount of ethanol from the US: 860,000 tonnes of bioethanol. We recognise...

Topical Questions

Business and Trade

Jonathan Reynolds made a speech in the House of Commons

I am grateful to my hon. Friend for that question. Yes, I can reaffirm that position. As she says, the Foreign Secretary announced on 20 May that we have suspended negotiations on an upgraded...

Topical Questions

Business and Trade

Jonathan Reynolds made a speech in the House of Commons

Since our last oral question time, we have secured three major trade agreements to boost British exports and drive growth across the UK. This Government are delivering trade deals that benefit...

UK-India Free Trade Agreement

Business and Trade

Jonathan Reynolds made a speech in the House of Commons

I appreciate the hon. Member’s kind words. He will know that ensuring that everything my Department does works for Northern Ireland is a personal priority for me and for the ministerial...

UK-India Free Trade Agreement

Business and Trade

Jonathan Reynolds made a speech in the House of Commons

What a privilege it must be for my hon. Friend to represent a constituency with so many essential businesses doing such brilliant work for this country. On advanced manufacturing, he is right to...

UK-India Free Trade Agreement

Business and Trade

Jonathan Reynolds made a speech in the House of Commons

I am extremely grateful for that question. I acknowledge my hon. Friend’s considerable expertise and service to this country through his commendable work as trade commissioner. I hope that...

UK-India Free Trade Agreement

Business and Trade

Jonathan Reynolds made a speech in the House of Commons

This trade agreement is a huge economic win for the UK—the biggest trade deal since Brexit and the best deal that India has ever offered. As we have heard, it is estimated to increase...

US-UK Trade Deal: Northern Ireland

Commons debates

There is only one Member for Strangford, and no one could mistake him for anybody else in asking a question of that sort. He asks about the definition of whether goods are at risk of entering the...

US-UK Trade Deal: Northern Ireland

Commons debates

The hon. Member will have heard my earlier answers. I believe that Parliament should play a role in scrutinising trade legislation, and indeed any international agreement, but it is not the case...