Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what assessment he has made of the potential impact of the revised UK-EU Trade and Cooperation Agreement on North East Somerset & Hanham constituency.

The deal that the Government struck with the EU delivers on what the British public voted for last year. It slashes red tape and bureaucracy; boosts British exporters; and will add nearly £9 billion to the UK economy by 2040. This will benefit the South West of England, whose largest trading partner is the EU, constituting 44.1% of South West exports of goods and 47.8% of imports of goods in 2024.

Additionally, we signed a Security and Defence Partnership, which will boost defence procurement opportunities in the nearby aerospace industry cluster.