Question to the Cabinet Office:
To ask His Majesty's Government, following the news story about the UK–EU reset agreement published on 19 May, how they calculated that the agreement would add nearly £9 billion to the UK economy by 2040, who did the calculation, and whether they will place a copy of the calculation and any related modelling in the Library of the House.
Combined, the SPS (£5.1 billion) and Emissions Trading Systems linking (£3.8 billion) measures alone are set to add nearly £9 billion a year to the UK economy by 2040, in a significant boost for growth. These are government estimates, and methodology notes published following the Summit will be deposited to the Library of the House in due course.