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Minister Quits as £2.8bn Summit ‘Orders’ Turn Out to Be Promises

Britain’s trade minister resigned unexpectedly on Sunday, admitting that deals promoted after a Brussels summit included proposals that were never binding orders. The revelation has put an £86 million export guarantee scheme under scrutiny and threatens to derail the government’s trade claims in Parliament this week.

By Artur Makarova ·

Britain’s departing trade minister leaves Portcullis House in Westminster on Sunday after announcing her resignation.
Britain’s departing trade minister leaves Portcullis House in Westminster on Sunday after announcing her resignation.

Tamsin Vale, Britain’s trade minister, resigned at 08:15 on Sunday, days after the government hailed 184 agreements worth £2.8 billion (about €3.2 billion) as the summit’s “commercial breakthrough”. In her resignation letter, Vale said she had warned that many entries were not contracts, but acknowledged approving the final briefing that presented them as orders.

The disclosure came as the Exporters’ Forum UK, a trade association, published checks on 72 companies named in the government’s public summit register. Forty-nine said their entries were non-binding proposals, discussions or targets, not signed sales. The findings cast doubt on the headline total and on the government’s use of it to defend a new export finance scheme.

What the register counted

The government announced the figure on 23 October, two days after the Brussels meeting with European Union trade officials. Its briefing described the 184 entries as “signed export agreements” and said they represented business for British firms. The public register, however, includes a mix of framework arrangements, letters of intent and proposed purchases.

Oliva Kusmawati, a trade-policy analyst at the fictional Centre for Market Evidence, said the forum’s sample did not prove every entry was mislabelled, but showed that the official total could not be treated as sales. “A target written into a partnership is not a customer placing an order,” she said. “Those numbers should never have been presented as goods ready to ship.”

A target written into a partnership is not a customer placing an order.

Oliva Kusmawati, trade-policy analyst

Vale’s letter said she had raised concerns that “pipeline opportunities” were being described as completed business. She also wrote that she signed off the final briefing because she believed the wording had been qualified elsewhere. The published summary did not make that distinction, and the minister said she would not ask officials to carry responsibility for her decision.

The row reaches beyond the summit’s publicity. The government set aside £86 million (about €99 million) for guarantees intended to help exporters take on new orders, citing the summit pipeline as evidence of demand. The Office for Trade and Markets says £11 million (about €12.6 million) has been committed so far, but no money has been paid out under the new scheme.

A costly test for ministers

A government spokesperson said the summit total included “commercial opportunities at different stages” and argued that the register was never meant to count only completed sales. But the original briefing called them signed agreements. The spokesperson said the guarantee scheme would continue while officials reviewed how its claims had been presented.

Matija Petrović, managing director of Northfen Pumps, a small equipment exporter in Telford, said his company’s listing described talks about a possible order, with no agreed price or delivery date. “We were pleased the meeting opened a door,” he said. “We did not sell £4 million of pumps, and nobody should have counted it as if we had.”

The Commons’ Trade Scrutiny Committee said it would ask Vale to give evidence and seek a breakdown of the 184 entries before deciding whether to hold a public hearing. Paula Garcia-Romero, who runs a packaging exporter in Leeds and took part in the forum’s checks, said the inflated figure could make smaller firms’ real deals harder to distinguish. “Now every number in that briefing needs checking,” she said.

The prime minister’s office has not said whether Vale’s account will be investigated or whether the guarantee scheme’s criteria will change. Parliament returns on Monday, with opposition parties expected to demand the register be corrected. For exporters whose names appear on it, the immediate question is whether a conversation recorded as a sale can be removed before the next trade announcement.

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