Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, with reference to the policy paper entitled UK-EU Summit - Common Understanding, published on 22 December 2025, whether he expects the UK to make financial contributions to the European Union as a consequence of the provisions on competition cooperation.

The UK will not make financial contributions to the European Union as a consequence of the provisions on competition cooperation. The UK‑EU Competition Cooperation Agreement signed on 25 February 2026 facilitates enhanced dialogue and operational cooperation between the Competition and Markets Authority, the European Commission and the National Competition Authorities of EU Member States. The agreement will be laid before Parliament under the Constitutional Reform and Governance Act 2010 (CRaG) in due course.