Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what estimate he made of the potential cost to the public purse of subsidising tariffs for access to the single market for the (a) financial services, (b) insurance, (c) professional services, (d) food, beverages and tobacco, (e) machinery, electrical and transport, (f) chemical and pharmaceuticals, (g) metal, plastic and non-metal mineral products, (h) aerospace and (i) automotive sectors.

The Government continues to undertake a range of analyses to inform the UK's position for the upcoming EU exit negotiations, to ensure the best possible deal for the UK. However, this does not extend to assessing the impact on the public purse of tariff subsidisation that would be illegal under international law.