"My hon. Friend is quite right. As set out in our policy paper, the duties and functions of Ofwat, Ofcom and Ofgem have significantly expanded since privatisation. I agree that the Bill would enable us to move more quickly, and I would like to work with him to see what …..." Kemi Badenoch - View Speech
"The hon. Gentleman is right that our constituents are at the end of what the regulators are doing, so our reforms should build on their strengths and continue to reinforce the UK as a leading global destination for investment in utilities infrastructure, to the long-term benefit of all our constituents …..." Kemi Badenoch - View Speech
"We are committed to bringing forward a consultation in the coming months on proposals to reform our approach to economic regulation in the utilities sector. This will include the outcomes of our review of the regulators’ statutory duties...." Kemi Badenoch - View Speech
"I do agree, and I would like to thank my right hon. Friend for his tireless work as the trade envoy to promote closer trade links with the Republic of Korea. Our trade relationship with Korea is thriving, no doubt thanks to all his hard work. It amounted to about …..." Kemi Badenoch - View Speech
"I am grateful to my hon. Friend for highlighting the guide to doing business in Ukraine that my Department published. It provides an overview of the Ukrainian market, including setting out Ukraine’s reconstruction needs and the expected financing and procurement routes for reconstruction projects. It is accompanied by information on …..." Kemi Badenoch - View Speech
"As I said in my earlier answer, we have introduced the largest and most severe economic sanctions ever imposed on a major economy. We have sanctioned £20 billion, or 96%, of UK-Russia goods trade from 2021. Since the start of the invasion, UK goods imports from Russia have fallen by …..." Kemi Badenoch - View Speech
"My Department actively engages and promotes fashion and textile companies domestically and internationally. In 2022, fashion, footwear and textiles exports totalled £7.5 billion. For 2023-24, my Department is providing the British Fashion Council with funding to support London fashion week, and the UK Fashion and Textile Association with funding for …..." Kemi Badenoch - View Speech
"We are currently negotiating accession to the comprehensive and progressive agreement for trans-Pacific partnership, a bloc worth £9 trillion of global GDP in 2021. As part of that, our businesses will get enhanced access to the Malaysian market for the first time. Beyond CPTPP, we are continuing negotiations on the …..." Kemi Badenoch - View Speech
"In co-ordination with our allies, we have implemented the most severe economic sanctions ever imposed on any major economy and will maintain pressure on the Russian regime to secure peace. If the hon. Gentleman will write to me with more detail about what he is referring to, I can look …..." Kemi Badenoch - View Speech
"Supporting Ukraine is a Government priority. On Monday, I signed the UK-Ukraine digital trade agreement, Ukraine’s first ever digital trade deal, guaranteeing access to the UK’s financial services sector, which is crucial for their reconstruction efforts...." Kemi Badenoch - View Speech