UK Relations with EU

(asked on 8th September 2025) - View Source

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.


Answered by
Baroness Anderson of Stoke-on-Trent Portrait
Baroness Anderson of Stoke-on-Trent
Captain of the King's Bodyguard of the Yeomen of the Guard (HM Household) (Deputy Chief Whip, House of Lords)
This question was answered on 22nd September 2025

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.

Reticulating Splines