Service Industries

(asked on 5th December 2018) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask Her Majesty's Government what assessment they have made of the impact of Brexit uncertainty on the growth of the services sector.


Answered by
Lord Henley Portrait
Lord Henley
This question was answered on 14th December 2018

On 28 November, Her Majesty’s Government published detailed economic analysis assessing the potential impact on trade flows and the UK economy of Brexit in the long run. This analysis does not model any short run disruption or immediate operational impacts.

The Government has taken steps to smooth the transition into our new relationship with the EU, including an implementation period. This provides certainty for businesses and citizens, facilitating the transition to the UK’s future relationship with the EU.

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