Oral Answers to Questions

Julia Lopez Excerpts

Wednesday 17th December 2025 Commons Chamber

[Mr Speaker]

I call the shadow Secretary of State.

[Julia Lopez (Hornchurch and Upminster) (Con)]

Ministers are making very big claims about the pharmaceuticals deal with America, to make up for the billions lost in life sciences investment under Labour. Life sciences firms are telling me that unless the Government reveal what is actually in the deal, those claims are completely hollow. Can the Secretary of State reveal—she could not tell us this two weeks ago—how much the deal is costing the NHS and when she will publish the full legal text, so that we know the details of what the most favoured nation mitigations actually are?

[Liz Kendall]

I may have to offer the hon. Lady a mince pie because she is talking baubles. This pharmaceutical deal will deliver faster access to new medicines for NHS patients and the security and stability that our world-leading pharmaceutical sector needs, including 0% tariffs on its exports to America for three years. We are also updating the National Institute for Health and Care Excellence guidelines for the first time in 20 years. This is a significant deal, which the Association of the British Pharmaceutical Industry has welcomed. It is a pity that the hon. Lady continues to act like Scrooge.

[Julia Lopez]

If we are making Christmas jokes, I think this deal is all tinsel and no tree. The problem is that Labour trumpets about these deals and is then completely sketchy about what has actually been agreed—just like the US-UK tech deal: we now find out from President Trump that he has put that deal on ice. Can the Secretary of State confirm that, despite all the golden carriage action in September and the Prime Minister honking on about his negotiating skills, the Prime Minister has actually nailed down none of the key details on pharma, no zero-tariff pact on steel and no deal on tech?

[Liz Kendall]

We have signed a ground-breaking US-UK tech partnership deal that has delivered over £30 billion of investment to the UK, alongside our biggest ever investment into research and development, with four AI growth zones, delivering 13,000 jobs in north Wales, south Wales, the south-east and the north-east. There is our plan to upskill 7.5 million workers in AI skills and our backing of great British scientists. That is a record that I am proud of; it is a pity that the hon. Lady remains the ghost of Christmas past.