Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what assessment she has made of the impact of the UK-EU Trade and Cooperation Agreement on UK (a) GDP and (b) financial services.

The Foreign, Commonwealth and Development Office does not prepare forecasts for the UK economy and public finances. The latest forecasts from the Office of Budget Responsibility (OBR) were published on 23 March 2022, which used a range of external studies to predict the long-term impacts on UK GDP:

https://obr.uk/efo/economic-and-fiscal-outlook-march-2022/

The latest monthly data from the Office for National Statistics (ONS) shows that UK goods exports to the EU reached their highest value (in current prices) since records began in January 1997.