Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what assessment his Department has made of the potential impact of the UK-EU Trade and Co-operation Agreement on trade for small and medium-sized enterprises in Buckingham and Bletchley constituency.
Although the Department for Business and Trade has made no such specific assessment, it continuously monitors the impact of leaving the EU on costs to businesses across the UK through our business surveys, ONS reports, and other intelligence sources, as well as through regular direct engagement with exporters. The Trade and Cooperation Agreement allows UK businesses to access the EU market and the EU-UK summit earlier this year identified areas where this can be enhanced.
Alongside this, DBT continues to offer a range of support for SMEs, with our Small Business Plan setting out the most comprehensive package of support for SMEs in a generation. This includes Unlock Europe, a programme from UK Export Academy designed to help businesses build relationships with European customers and increase exporting potential to the EU.