Maggie Throup
Main Page: Maggie Throup (Conservative - Erewash)Department Debates - View all Maggie Throup's debates with the HM Treasury
(8 years, 7 months ago)
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Damian Hinds
Britain does have a leadership position in the industry, but we need a balance. We need a portfolio of energy sources and to recognise the importance of baseload power. That is why the development of new nuclear is also so important.
Maggie Throup (Erewash) (Con)
The Economic Secretary to the Treasury (Harriett Baldwin)
The Government fully support expanding the UK’s trade relationship with Iran. The Treasury is actively liaising with UK banks and industry bodies, to understand concerns and help re-establish financial channels between the UK and Iran.
Maggie Throup
Despite the improving diplomatic relations between the British and Iranian Governments, UK businesses still face significant barriers to completing legitimate banking transactions for trade purposes. Will the Minister look at what more can be done to help to facilitate financial transactions between UK and Iranian banks, so that the UK economy can begin to benefit from this new market?