Liz Truss celebrates bumper Australia trade deal slashing £115m in red tape for UK firms

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Greg Hands hailed his boss’s negotiations with Canberra as he said export tariffs would be slashed as part of the agreement.

He told MPs: “Our trade agreement with Australia is very likely to be the first from scratch deal we have struck outside of the European Union.

“This is a major milestone for global Britain and a major prize secured for our newly independent trade policy.

“It is on course to slash tariffs on iconic UK exports, saving businesses potentially around £115million a year.”

More to follow…

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