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<p>The Withdrawal Agreement agreed with the EU ensures that we leave the EU in a smooth
and orderly way, and will provide certainty for businesses and the economy. Leaving
the Customs Union and Single Market allows the UK to pursue an ambitious FTA with
the EU as sovereign equals, as well as striking trade deals with other international
partners.</p><p> </p><p>The specifics of our future trading relationship with the
EU will be the subject of the next phase of the negotiations. We will keep Parliament
updated throughout the next phase of the negotiations and provide analysis at appropriate
points.</p><p> </p><p>The OBR will, of course, continue to take Government policy
– including the UK’s future relationship with the EU – as the basis for its economic
and fiscal forecasts, and will provide its usual comprehensive analysis as part of
these.</p>
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