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Written question asked by Lord Jopling (Conservative) on Thursday, 3 April 2025, in the House of Lords. It was due for an answer on Thursday, 17 April 2025. It was answered by Baroness Jones of Whitchurch (Labour) on Wednesday, 16 April 2025 on behalf of the Department for Business and Trade.


Trade Agreements: USA

Question

To ask His Majesty's Government whether, in negotiating a free trade agreement, they intend to prioritise opening up the financial services industry between the United Kingdom and the United States of America.

Answer

The US is an indispensable ally and one of our closest trading partners. Our trading relationship with the US was worth £315 billion in 2024. As Secretary of State said on 3 April, we have been engaged in discussions on an economic deal between the US and the UK and we remain committed to this. The financial services industry is integral to our economy, and we will always act in the UK's national interest.


Secondary information

Type
Written question
Reference
HL6564
Session
2024-26
Related items
Trade Agreements: USA
Friday, 16 May 2025
Written questions
House of Lords
Subjects
Financial services Trade agreements USA
Link
View this Written question on www.parliament.uk