Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what recent assessment she has made of the potential impact of the US Inflation Reduction Act on the (a) competitiveness, (b) investment potential and (c) decarbonisation of the UK automotive industry.

The Government is determined to ensure the UK remains one of the best locations in the world for automotive manufacturing and engages regularly with industry to understand the impacts of the Inflation Reduction Act (the Act). We are working internationally to understand and minimise the impacts on British business and have also provided a response to the US Treasury consultation on the implementation of the Act.

We continue to engage with the US across multiple channels to resolve issues and remain committed to robustly defending the interests of UK industry affected by the policies.