Business: Exports - Question

Part of the debate – in the House of Lords at 11:13 am on 6th July 2017.

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Photo of Lord Bates Lord Bates The Minister of State, Department for International Development 11:13 am, 6th July 2017

I simply do not recognise this pessimistic view about the UK. We are the fifth largest economy in the world, according to IMF rankings; we were the fastest growing among the major economies last year; and this year we will be the second fastest growing among the major economies. Our exports are on the rise, our employment is at record levels and the United Kingdom is a fantastic place to do business. We produce some fantastic products that will be in demand—increasing demand, in my view—around the world.