Wednesday 9th May 2018

(6 years, 7 months ago)

Lords Chamber
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Lord Callanan Portrait Lord Callanan
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Of course, I share with the noble Baroness ambitions for the north-east of England. I thought she was being unduly pessimistic. She might have recognised that unemployment in the north-east is down to 5.2%, the lowest rate for 40 years. The north-east economy is doing extremely well. It is an exporting area: exporting to Europe, yes of course, but also to other parts of the world. We are committed to getting the best possible deal for frictionless trade. The analysis that she referred to was an incomplete analysis. Importantly, it did not analyse the type of deal we are seeking, which is a full and comprehensive free trade agreement, the most ambitious anywhere in the world, with the EU.

Viscount Ridley Portrait Viscount Ridley (Con)
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My Lords, does my noble friend welcome the proposal from Ben Houchen, the Conservative mayor of Teesside, for a free trade zone in that area, and other exciting ideas that are being developed for the north-east?

Lord Callanan Portrait Lord Callanan
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It is an excellent idea put forward by Conservative colleagues in the region who are setting the agenda for the north-east becoming a global manufacturing hub exporting to all parts of the world. I think it is an excellent proposal and we are looking at it very closely.