Economic Growth

(asked on 19th March 2026) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what sectors have been identified as priorities for UK–EU alignment under the growth plan.


Answered by
Lucy Rigby Portrait
Lucy Rigby
Economic Secretary (HM Treasury)
This question was answered on 26th March 2026

Alignment will be an iterative process and decisions will be based on the national interest principles set out by the Chancellor on 17 March. This means a decision to align will be made if:

- It promotes higher growth, investment, consumer benefits, and jobs for the long-term

- The future direction of policy is sufficiently stable and compatible, in terms of values and objectives

- The UK’s economic and national security and resilience is preserved or enhanced.

The Government is currently negotiating an agrifood deal that could add up to £5.1 billion a year to our economy and increase agricultural exports to the EU by 16 per cent.

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