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1-4 of 4 results for subject:Trade

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Greg Hands
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Food

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Hands, Greg (4)

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What assessment she has made of the impact of her Department's trade policies on UK food prices.

Asked by
Gavin Newlands (Scottish National Party)
Answering body
Department for International Trade
Oral questions - Lead
Status
Answered
Date
15 December 2022
Reference
902803; 724 cc1216-7
House
House of Commons

The UK’s trade policy works to increase access to good quality, good value food from around the world. For example, our recent free trade agreements with Australia and New Zealand reduce or remove tariffs on the vast majority of goods, which could help to lower prices. However, there are many factors which contribute to UK food prices and the precise impact of each is uncertain. Beyond immediate price changes, security of global food supply is essential to guarantee the availability and affordability of UK food in the long term.

Answered by
Greg Hands (Conservative)
Answering body
Department for International Trade
Type
Oral answers to questions
Date
15 December 2022
Reference
724 c1216
House
House of Commons

I am always interested when the hon. Gentleman cites various reports, many of which I have of course read and studied closely, but I like to return to the facts. I checked beforehand, because I thought he might raise this. He is right that food price inflation is a real concern, and yesterday’s inflation data showed that food prices are still rising even though overall inflation is falling, which will cause difficulties for many countries across this country. However, the premise of his question is not quite right: in the UK, the most recent data available shows that food and non-alcoholic beverage prices rose by 16.4%, whereas in the EU27, for the same period, they rose by more—17.3%.

Answered by
Greg Hands (Conservative)
Answering body
Department for International Trade
Type
Oral answers to questions
Date
15 December 2022
Reference
724 c1217
House
House of Commons

I thank my hon. Friend for her question. She is right to raise, as I did just a moment ago, the importance of this issue to families up and down the country, including in Stoke-on-Trent. The Government have comprehensive measures in place to support families through this winter, including council tax discounts, and energy and further help. On food and trade policy, ensuring that we remain committed to free trade, and that we have diverse sources of supply, is essential. We must ensure that Britain remains open for food exporters to come to the UK and help to keep prices down, as well as recognising the vital job done by our own domestic agriculture and food production sectors.

Answered by
Greg Hands (Conservative)
Answering body
Department for International Trade
Type
Oral answers to questions
Date
15 December 2022
Reference
724 c1217
House
House of Commons