Mentions:
1: Kemi Badenoch (Con - Saffron Walden) Today, the Department for Business and Trade will be publishing an update detailing the wealth of Brexit - Speech Link
Jan. 31 2024
Source Page: Brexit 4th anniversary updateFound: Brexit 4th anniversary update
Mentions:
1: Lord Offord of Garvel (Con - Life peer) In January 2024, my department published an overview of the benefits of Brexit, on its fourth anniversary - Speech Link
2: Lord Wallace of Saltaire (LD - Life peer) Given that the Government fought the last election, very successfully, on getting Brexit done, and we - Speech Link
3: Earl of Clancarty (XB - Excepted Hereditary) My Lords, there are certainly no Brexit benefits at all for the arts and creative industries. - Speech Link
4: Lord Offord of Garvel (Con - Life peer) Brexit is a red herring. - Speech Link
Jan. 31 2024
Source Page: Brexit 4th anniversary updateFound: Brexit 4th anniversary update
Jan. 31 2024
Source Page: Brexit 4th anniversary updateFound: Brexit 4th anniversary update
Asked by: Lord Birt (Crossbench - Life peer)
Question to the Department for Business and Trade:
To ask His Majesty's Government whether they have any plans to commission a review into the (1) economic, and (2) other, (a) benefits, and (b) disbenefits, of Brexit.
Answered by Lord Johnson of Lainston - Minister of State (Department for Business and Trade)
The Department for Business and Trade has no plans to commission a review into the economic, and other benefits or disbenefits of Brexit. However, to mark the fourth anniversary of Brexit, on 31st January this year, the Department for Business and Trade published an overview of Brexit successes: Brexit 4th Anniversary
Since the referendum the UK has grown faster than Germany, Italy, and Japan. Latest figures show that UK exports are £862bn in current prices and 2% above pre-COVID (2018) levels when adjusting for inflation. The lnternational Monetary Fund (lMF) predicts that between 2024-2029 the UK will see the third fastest growth in the G7.
The Department has secured free trade deals with 73 countries plus the EU, partners that accounted for £1.1 trillion UK trade in 2022 and simplified import tariffs to lower costs for businesses and households.
May. 08 2024
Source Page: Local fishers to benefit from extra post-Brexit fishing quotaFound: Local fishers to benefit from extra post-Brexit fishing quota
Nov. 13 2023
Source Page: Brexit withdrawal agreement and trade mark or design registrationsFound: Brexit withdrawal agreement and trade mark or design registrations
Dec. 15 2023
Source Page: Discussion/analysis of the LSE report on trade, Brexit and Scottish independence: FOI releaseFound: Discussion/analysis of the LSE report on trade, Brexit and Scottish independence: FOI release
Asked by: Philip Davies (Conservative - Shipley)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, whether she has made an assessment of the potential implications for her policies of the Goldman Sachs report entitled the Structural and Cyclical Costs of Brexit, published on 9 February 2024.
Answered by Greg Hands - Minister of State (Department for Business and Trade)
The Government keeps track of external analysis from third parties often based on a range of assumptions and hypothetical views. Since leaving the EU, the Department for Business and Trade has secured free trade deals with 73 countries in addition to the EU, partners which accounted for £1.1 trillion UK trade in 2022, and simplified import tariffs to lower costs for businesses and households.
The UK’s total trade with the world (including goods and services) increased by £43bn (inflation adjusted) in 2023 compared to 2018. Since the referendum, the UK has grown faster than Germany, Italy, and Japan and the IMF forecasted that the UK will see the 3rd fastest cumulative growth in the G7 over 2024-2029, ahead of Germany, Italy, France, and Japan.