UK Parliament / Open data

Trade (Comprehensive and Progressive Agreement for Trans-Pacific Partnership) Bill [HL]

My Lords, I have a quick question for the Minister arising from Amendment 14. I need to declare an interest in the context of professional qualifications, and as a fellow of the Institute and Faculty of Actuaries. I heard what the noble Lords, Lord Holmes and Lord Ashcombe, said about the potential for financial services. There is a very big debate to be had on that, but at table 5, on page 46 of the impact assessment, the percentage change in trade shows a decline in the UK’s financial services and an increase in imports of financial services. Maybe the Minister could help the Committee by reconciling what the noble Lords said and what the impact assessment is telling us.

Type
Proceeding contribution
Reference
834 c349GC 
Session
2023-24
Chamber / Committee
House of Lords Grand Committee
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