Peter Kyle

Secretary of State for Business and Trade

Labour MP for Hove and Portslade

@peterkyle Facebook UK Parliament Profile

🗣️ Speeches and Debates

  • Written Ministerial Statements — Department for Business and Trade: US Trade and Pharmaceuticals 2 Dec 2025

    Our trading relationship with the United States is one of the world’s most important. Trade with the US was worth £322bn in 2024, representing 18% of total UK trade. In May, we announced the General Terms for the UK-US Economic Prosperity Deal. Since then, we have secured the removal of tariffs on civil aerospace exports, the lowest tariffs of 10% on cars and lumber, and we remain the only...
  • Written Ministerial Statements — Department for Business and Trade: Mozambique Liquified Natural Gas project 1 Dec 2025

    In 2020, the government committed UK Export Finance support for the Mozambique Liquified Natural Gas (LNG) project operated by TotalEnergies. Mozambique LNG was paused in 2021 when force majeure was called due to the deteriorating local security situation and the terrorist insurgency. In preparation to restart the project, UKEF was presented with a proposal to amend the financing terms it had...
  • Business and Trade: Responsible Business Conduct Review 30 Oct 2025

    It is good to be before you in a new role, Mr Speaker. In fact, even though I might not look it, we have an entirely fresh ministerial team before the House today. With your forbearance, may I offer the House’s congratulations to my hon. Friend the Member for Penistone and Stocksbridge (Dr Tidball) on becoming parliamentarian of the year at The Spectator awards yesterday. I reap the...
  • Business and Trade: Responsible Business Conduct Review 30 Oct 2025

    I am grateful for my hon. Friend’s work in this area, the conversations that he has and the insight that he shares with the House, as recently as today in his contribution. The responsible business conduct review will be critical to ensuring that businesses respect human rights, labour rights, the environment and anti-corruption measures across their operations and supply chains. I...
  • Business and Trade: Investment in Businesses 30 Oct 2025

    We are delivering bold action to drive investment and growth nationwide. Our modern industrial strategy is cutting red tape, saving businesses nearly £6 billion a year, and unlocking quicker, simpler ways to do business. We are investing £6.6 billion through the British Business Bank to help innovative firms scale, and we are rebuilding our infrastructure with a 10-year strategy, backed by...
  • Business and Trade: Investment in Businesses 30 Oct 2025

    I am grateful to my hon. Friend not just for his contribution, but for his advocacy for the rural economy. This Government are committed to supporting businesses, including those in rural areas such as South West Norfolk, to thrive and grow. We know that rural areas offer significant growth potential, contributing £259 billion to England’s gross value added in 2023. My Department provides...
  • Business and Trade: Investment in Businesses 30 Oct 2025

    Warrington has been at the centre of previous industrial revolutions, and we are determined that it will be at the forefront of the industrial revolution that is unfolding, with a wave of digital technology and AI flowing across the world. We will use all the agency of this Government to ensure that all parts of the United Kingdom benefit equally from that. My hon. Friend will know that work...
  • Business and Trade: Investment in Businesses 30 Oct 2025

    Again, my hon. Friend is a great advocate for the community that he represents in Parliament. I am very excited to meet the businesses that he references. We hit a milestone in the second quarter of this year, because the UK started to produce more than 50% of its energy using renewables. His community as well as other communities around the UK will benefit from the transition to renewables....

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✍️ Written Questions and Answers

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