Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the fiscal impact of the US-UK trade deal.

On 8 May 2025, the Prime Minister and the President concluded a landmark economic deal between the United Kingdom and the United States. The deal was defined in the General Terms for the Economic Prosperity Deal (EPD). On 16 June, the Prime Minister and the President agreed further progress towards that goal and the initial implementation of commitments.

The Office for Budget Responsibility is the government's official forecaster responsible for assessing the UK economic and fiscal outlook. The OBR will publish its next official forecast in the Autumn.