Middle East: Economic Response

Debate between Linsey Farnsworth and Rachel Reeves

Thursday 21st May 2026 Commons Chamber

[Rachel Reeves]

I thank the right hon. Gentleman for that question. I urge him and businesses and farmers in his constituency to look at the list of products and feed into the consultation over the next week or so. We are keen to bring the tariff reductions into effect to reduce prices in shops for all our constituents, but we want to do so in a way that is respectful of British farming. That is why we have chosen the tariff lines that we have. As he recognises, we are doing more to support farmers with the reduction in duty on red diesel.

The best way, though, that we can help all our constituents, the farming sector and others is to bring the conflict to an end and reopen the strait of Hormuz. That is why the Prime Minister and Foreign Secretary are working intensively with international partners to do just that, while at the same time we are working to diversify our supply of oil and gas so that fertiliser, to which the right hon. Gentleman rightly refers, is still available for our farmers.

[Linsey Farnsworth (Amber Valley) (Lab)]

I thank the Chancellor honestly for her statement. As she has mentioned, and as many Members of this House will be aware, I have been campaigning hard for the ceramics sector with a view to saving Denby Pottery. I thank the Ministers in the Treasury and the Department for Business and Trade for their ongoing engagement through the many meetings we have had on this. I am delighted to hear about the £120 million support package. It is a clear indication that the Government are supporting and backing UK ceramics, and it will make Denby Pottery a more attractive prospect for any potential investors. Given the circumstances currently facing Denby Pottery, can the Chancellor commit to ensuring that the funding is available as soon as possible, in the hope that Denby can be saved?

[Rachel Reeves]

I thank my hon. Friend for the work she does on behalf of all her constituents, particularly those impacted by what is happening at Denby. It was my privilege to come to Amber Valley with her last year to meet businesses across her constituency. We are backing UK ceramics. We want to find a future for Denby, and we will continue to work with my hon. Friend to achieve just that.

UK-China Economic and Financial Dialogue

Debate between Linsey Farnsworth and Rachel Reeves

Tuesday 14th January 2025 Commons Chamber

[Rachel Reeves]

If the hon. Lady has a brief look at the documents from the Office for Budget Responsibility, she will see that the changes to the energy profits levy—taking the tax rate up from 75% to 78%, the same rate as in Norway—raises money; it does not lose money.

[Linsey Farnsworth (Amber Valley) (Lab)]

I commend the Chancellor for her visit to advocate for our country’s best interests, but does she agree that Chinese companies must not provide any support to Putin’s illegal war in Ukraine?

[Rachel Reeves]

I absolutely agree with my hon. Friend, and I raised such issues with my counterparts in China at the weekend. It is really important that, whenever we engage with foreign Governments, we also raise issues consistent with our values, including Chinese companies supplying the Russian Government with materials used in Russia’s illegal invasion of Ukraine.