Written questions

UK Trade with EU

Commons · Question 12538 · Tabled 4 Nov 2024 · Treasury · Official record

Answered 12 Nov 2024

Question

Asked by Clive Jones

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of leaving the European (a) Union, (b) Customs Union and (c) Single Market on (i) imports and (ii) exports.

Answer

Answered by James Murray, 12 Nov 2024

The OBR has estimated the difference in level of imports and exports had the UK not withdrawn from the EU. That estimate is available at this link: OBR Economic and fiscal report March 2021. The most recent report is the Economic and fiscal report October...