Written Question·Department for Business and Trade·UIN 119937

EU Budget: Contributions

Tabled: 11 March 2026

Answered: 16 March 2026

Question

Kevin Hollinrake

To ask the Secretary of State for Business and Trade, with reference to the policy paper entitled UK-EU Summit - Common Understanding, published on 22 December 2025, whether he expects the UK to make financial contributions to the European Union as a cons

Answer

Chris Bryant

The UK will not make financial contributions to the European Union as a consequence of the provisions on competition cooperation. The UK‑EU Competition Cooperation Agreement signed on 25 February 2026 facilitates enhanced dialogue and operational cooperat...

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