Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what research his Department has commissioned on the effect on the UK's future trade balance of the UK leaving the customs union.

The Government continues to undertake a range of analyses to inform the UK’s position for the upcoming EU exit negotiations. We are seeking the best possible arrangement for trade in goods and services and the work being conducted reflects this.

The UK’s future relationship with the EU will be contingent on the exit negotiations and the Government will not provide a running commentary on these negotiations.