Business

(asked on 27th November 2023) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what recent assessment her Department has made of the impact of the UK's departure from the EU on businesses.


Answered by
Greg Hands Portrait
Greg Hands
Minister of State (Department for Business and Trade)
This question was answered on 5th December 2023

The Trade and Cooperation Agreement is a comprehensive FTA that enables tariff-and quota-free trade in goods for UK businesses with the EU.

This Government is committed to using our post-Brexit freedoms to help businesses expand, create more jobs and grow the UK economy. We have already secured trade deals with 73 countries, plus the EU, that accounted for £1.1 trillion of UK bilateral trade last year. Our total exports to the world increased by 29% in current prices since 2018, whilst our exports to the EU have increased by 21% in current prices.

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