Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what estimate he has made of (a) the cost to UK businesses of registering in the EU since the UK left the EU and (b) the cost to the Exchequer of those businesses registering in the EU.

Following our exit from the EU, the UK Government has been monitoring developments in UK-EU trade and supporting businesses trading with the EU. This includes through the Government’s ambitious Export Strategy, as well as understanding and responding to business concerns through the new Export Support Service. The Trade and Cooperation Agreement with the EU is an ambitious free trade agreement which allows for zero-tariff, zero-quota trade amongst other provisions.