On undercutting, I reassure my noble friend that British farmers should not be concerned. I acknowledge that price is an important factor in consumer choice, but it is not just about price, as buying local is also a significant determinant. There are strong buy-British trends in the UK, and support for British farmers. Some 81% of retail sales of beef in the UK are under the British logo, with Aldi, Budgens, Co-op, Lidl, M&S and Waitrose all using 100% British beef. There should be some reassurance on that front and from bearing in mind the amounts that are likely to come from New Zealand compared to the EU, say.
I cannot give any guarantee on timings but I take my noble friend’s point. I will just finish with the reassurance that maintaining our high standards of animal welfare is a red line in all our trade negotiations. We will not compromise on our high environmental protection, animal welfare or food standards, including in any deal that we agree with New Zealand.