Brexit: Trade Barriers

(asked on 26th February 2025) - View Source

Question to the HM Treasury:

To ask His Majesty's Government, further to the answer by Lord Livermore on 25 February (HL Deb col 1567), on what basis they calculated that the Brexit deal created new trade barriers on businesses equivalent to a 13 per cent increase in tariffs for manufacturing, and 20 per cent for services.


Answered by
Lord Livermore Portrait
Lord Livermore
Financial Secretary (HM Treasury)
This question was answered on 5th March 2025

The figures relating to new trade barriers due to the UK leaving the EU are quoted from the “Big Brexit” report, produced by the Resolution Foundation thinktank.

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