Digital Technology: UK Trade with EU

(asked on 19th April 2018) - View Source

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

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he has made an assessment of the potential effect on the economy of the UK not participating in the EU digital single market.


Answered by
Andrew Griffiths Portrait
Andrew Griffiths
This question was answered on 26th April 2018

The UK economy is fundamentally strong, with a highly competitive digital economy. The UK will not participate in the EU's Digital Single Market post-exit, as a result of our departure from the Single Market. As the Prime Minister said in her Mansion House speech this is a fast-evolving sector. It will be important to have domestic flexibility, to ensure the regulatory environment can always respond nimbly and ambitiously to new developments.

The Government is determined to ensure that the UK’s digital economy continues to be world leading and enables innovative UK companies to compete globally. The Government is seeking to agree a bold and ambitious Economic Partnership with the EU. There is no single model or analysis which can provide a definitive assessment of all potential outcomes. The Government is examining all areas of the UK economy and seeking input from a wide range of stakeholders in order to inform our negotiations with the EU.

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