UK-EU Trade and Cooperation Agreement

(asked on 11th May 2022) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will make an assessment of the potential economic impact of a suspension of the UK-EU Trade and Cooperation Agreement.


Answered by
Lucy Frazer Portrait
Lucy Frazer
Secretary of State for Culture, Media and Sport
This question was answered on 17th May 2022

It is for the Office for Budget Responsibility to provide economic and fiscal forecasting.

The UK-EU Trade and Cooperation Agreement ensures that the UK has control of our laws, borders, money and fisheries, ending any role for the European Court.

The UK Government’s overriding priority has been, and continues to be, preserving peace and stability in Northern Ireland.

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