Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent assessment he has made of the economic impact of the UK-EU Trade and Cooperation Agreement on businesses in the UK.

The Treasury has not prepared an economic Impact Assessment on the UK-EU Trade and Cooperation Agreement (TCA) and it does not prepare forecasts for the UK economy and public finances, as this is the responsibility of the independent Office for Budget Responsibility (OBR). The latest forecasts from the OBR were published alongside the Budget on 27 October 2021:

https://obr.uk/efo/economic-and-fiscal-outlook-october-2021/

The OBR’s analysis used a range of external studies to predict the long term impact on UK GDP.