Question to the Department for Business, Energy and Industrial Strategy:

To ask Her Majesty's Government what assessment they have made of the impact of the UK–EU Trade Cooperation Agreement on the amount of revenue raised by UK manufacturers; and what steps they are taking in response any such impact.

The impacts on the UK economy of the Trade and Co-operation Agreement and our global trade deals will not be fully understood until the new processes and procedures are fully embedded. We have secured a Trade Deal that we believe will sustain the success of the UK manufacturing sector with 100% tariff liberalisation, and modern and appropriate rules of origin. This includes Product-Specific Rules of Origin tailored to the needs of UK businesses in manufacturing sectors such as automotive, aluminium, chemicals, machinery and food and drink.