UK Border Strategy: Single Trade Window

Baroness O'Loan Excerpts

Tuesday 25th February 2025 Lords Chamber

[Lord Livermore (Lab)]

I am grateful to the noble Lord for his question and his expertise on this matter. It is not something I know about, I am afraid, but I will happily write to him on this issue.

[Baroness O’Loan (CB)]

My Lords, in the context of the endless reiteration of the fiscal hole that the Government keep referring to, I was reading last night that the OBR did not recognise the figures given. I do not think it helps the House when we go round in circles on that. At a time when the Minister seeks to develop trade and industry, when the Government are moving to improve the economy, and when a single trade window would undoubtedly deliver significant benefits for the British economy, the Government are imposing additional burdens on business, such as the measures on which we will vote this afternoon. Would it not enable significant development simply to move on this process?

[Lord Livermore (Lab)]

Yes, I agree with some of what the noble Baroness says about the benefits of a single trade window. Again, we have to be able to pay for these things. We have had to pause many of the previous Government’s spending commitments because the money was simply not there to pay for them, which goes to the heart of the issue that she started her question on. She may dispute the figures, but I do not think anyone disputes the fact that those spending commitments were there but there was not the money there to pay for them. As I say, it remains our long-term intention to deliver the single trade window, but we will have to do so when resources allow, and we will update noble Lords at the time of the next spending review.