Written question asked by Natalie McGarry (Independent (affiliation)) on Thursday, 8 September 2016, in the House of Commons. It was due for an answer on Monday, 12 September 2016. It was answered by Greg Hands (Conservative) on Friday, 16 September 2016 on behalf of the Department for International Trade.

Investment and Trade

Question: To ask the Secretary of State for International Trade, what assessment he has made of the potential risks to (a) trade and (b) investment of the UK leaving the EU for (i) Glasgow, (ii) Scotland and (iii) the UK.

Answer: Recent figures on jobs and growth have shown we enter this period of adjustment from a position of economic strength. We have the tools we need to address the challenges ahead and mitigate risks, especially with the creation of the new Department for Exiting the European Union. We are confident we will get the best possible trade and investment deals for all parts of the United Kingdom as we leave the EU. We will also continue to work closely with the Scottish Government, giving them every opportunity to have their say as we form our negotiating strategy and we will look at any suggestions they put forward.

Secondary information