UK-EU Trade and Cooperation Agreement

Treasury written question – answered at on 18 January 2021.

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Photo of Paul Blomfield Paul Blomfield Labour, Sheffield Central

To ask the Chancellor of the Exchequer, what plans he has to publish an impact assessment of the Trade and Cooperation Agreement each quarter for 2021, with reference to (a) sectors of the economy and (b) all regions and nations of the UK.

Photo of John Glen John Glen Minister of State (Treasury) (City), The Economic Secretary to the Treasury

The Government does not intend to produce an Impact Assessment. We have consistently said that it would be impossible for a single model, number or scenario to capture that complexity or represent the varying impacts that will be felt across different parts of the economy.

The Government has secured a deal that will benefit families and businesses across the UK, we can now take full advantage of the opportunities available to us.

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