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1697252
registered interest false more like this
date less than 2024-03-19more like thismore than 2024-03-19
answering body
Department for Business and Trade more like this
answering dept id 214 more like this
answering dept short name Business and Trade more like this
answering dept sort name Business and Trade more like this
hansard heading Brexit more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text 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. more like this
tabling member printed
Lord Birt more like this
uin HL3357 more like this
answer
answer
is ministerial correction true more like this
date of answer less than 2024-04-16more like thismore than 2024-04-16
answer text <p>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 31<sup>st</sup> January this year, the Department for Business and Trade published an overview of Brexit successes: <a href="https://www.gov.uk/government/publications/brexit-4th-anniversary-update" target="_blank">Brexit 4th Anniversary</a></p><p>Since the referendum the UK has grown faster than Germany, Italy, and Japan. Latest figures show that UK exports are £8<ins class="ministerial">62</ins><del class="ministerial">55</del>bn in current prices and <ins class="ministerial">2</ins><del class="ministerial">1</del>% above pre-COVID (2018) levels when adjusting for inflation. The lnternational Monetary Fund (lMF) predicts that between 2024-202<ins class="ministerial">9</ins><del class="ministerial">8</del> the UK will see the third fastest growth in the G7.</p><p>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.</p>
answering member printed Lord Johnson of Lainston more like this
question first answered
less than 2024-04-16T16:29:29.977Zmore like thismore than 2024-04-16T16:29:29.977Z
question first ministerially corrected
less than 2024-04-19T12:20:38.663Zmore like thismore than 2024-04-19T12:20:38.663Z
answering member
4949
label Biography information for Lord Johnson of Lainston more like this
previous answer version
28059
answering member printed Lord Johnson of Lainston more like this
answering member
4949
label Biography information for Lord Johnson of Lainston more like this
tabling member
2533
label Biography information for Lord Birt more like this