Written Question·Treasury·UIN 53759
UK Relations with EU
Tabled: 20 May 2025
Answered: 27 May 2025
Question
Alex Easton
Independent — North Down
To ask the Chancellor of the Exchequer, what estimate she has made of the cost to the public purse of the outcome of the UK-EU Summit on 19 May 2025.
Answer
James MurrayWe estimate that the Emission Trading System and food and agriculture elements of the agreement alone will boost the economy by nearly £9 billion by 2040.Implementation costs will be confirmed in due course when we have negotiated the details of these arr...
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