UK Trade with EU
(asked on 23rd October 2025) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact of re-joining the EU Customs Union on economic growth.
This question was answered on 29th October 2025
We are not planning to make an assessment as there will be no return to the Customs Union or the Single Market. We have reset our relations with European partners in order to improve our diplomatic, economic, and security cooperation following Brexit. This Government is making the best choices for businesses, workers and citizens across the country from our position outside the European Union, through significant deals with the US and India, and now a new partnership with the EU - each decision taken to support UK growth.
We are not planning to make an assessment as there will be no return to the Customs Union or the Single Market. We have reset our relations with European partners in order to improve our diplomatic, economic, and security cooperation following Brexit. This Government is making the best choices for businesses, workers and citizens across the country from our position outside the European Union, through significant deals with the US and India, and now a new partnership with the EU - each decision taken to support UK growth.