Written Question·Treasury·UIN 12538

UK Trade with EU

Tabled: 4 November 2024
Answered: 12 November 2024

Question

Clive Jones

Liberal DemocratWokingham

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

James Murray
The OBR has estimated the difference in level of imports and exports had the UK not withdrawn from the EU.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...

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