Written Question·Treasury·UIN 122430

Labour Market

Tabled: 19 March 2026
Answered: 26 March 2026

Question

Callum Anderson

LabourBuckingham and Bletchley

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of increases in levels of UK-EU alignment on UK labour markets.

Answer

Lucy Rigby
Integrated markets tend to be more competitive. Businesses typically respond by becoming more innovative and efficient, workers gain from higher productivity, allowing wages to rise, and consumers gain from lower prices. Leaving the EU increased costs for...

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