Middle East: Economic Response Debate

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Department: HM Treasury

Middle East: Economic Response

Andrew Cooper Excerpts
Thursday 21st May 2026

(3 weeks, 5 days ago)

Commons Chamber
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Rachel Reeves Portrait Rachel Reeves
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I would encourage bus companies to use this as an opportunity to increase the services they offer this summer as they cater for more young people on their buses. I am sure that many hon. and right hon. Members will have enjoyed days out at the aquarium in Scarborough and dinner at the Magpie in Whitby, which serves very good fish and chips.

Andrew Cooper Portrait Andrew Cooper (Mid Cheshire) (Lab)
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Madam Deputy Speaker, you will of course be aware that the best summer attraction is the Northwich piña colada festival, which is enjoyed by boys and girls of all ages.

I thank the Chancellor for her statement. The relief she is providing to the chemicals industry will be welcomed by sector businesses in Mid Cheshire. Their expertise and innovation contribute significantly to both local employment and national resilience. I have previously spoken about the rising input costs and regulatory challenges that these businesses face, and I look forward to hearing more about how she will consult with the industry on eligibility for the funds. Does she agree that the forthcoming summit with the EU presents an opportunity to bear down on regulation further by seeking alignment and mutual recognition on the UK and EU REACH—registration, evaluation, authorisation and restriction of chemicals—regulations?

Rachel Reeves Portrait Rachel Reeves
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I am slightly worried that someone will make a point of order about the age at which people are allowed to enjoy the Northwich piña colada festival.

Yes, we will be consulting on chemicals and ceramics to ensure that we give businesses the right support, but we do not want a long consultation to get in the way of actually getting the support to those businesses. My hon. Friend made an important point about our trading relationship with our nearest neighbours and trading partners. We are proud to be a Government who have done trade deals with the Republic of Korea, the United States, India and, yesterday, the Gulf countries. However, the biggest prize is a trade deal and improved trading relations with our nearest neighbours and trading partners in the EU, and I hope that we will make progress on that in the next few months.