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Written question asked by Kevin Hollinrake (Conservative) on Wednesday, 11 March 2026, in the House of Commons. It was due for an answer on Monday, 16 March 2026. It was answered by Chris Bryant (Labour) on Monday, 16 March 2026 on behalf of the Department for Business and Trade.


EU Budget: Contributions

Question

To ask the Secretary of State for Business and Trade, with reference to the policy paper entitled UK-EU Summit - Common Understanding, published on 22 December 2025, whether he expects the UK to make financial contributions to the European Union as a consequence of the provisions on competition cooperation.

Answer

The UK will not make financial contributions to the European Union as a consequence of the provisions on competition cooperation. The UK‑EU Competition Cooperation Agreement signed on 25 February 2026 facilitates enhanced dialogue and operational cooperation between the Competition and Markets Authority, the European Commission and the National Competition Authorities of EU Member States. The agreement will be laid before Parliament under the Constitutional Reform and Governance Act 2010 (CRaG) in due course.


Secondary information

Type
Written question
Reference
119937
Session
2024-26
Subjects
Contributions Cooperation Competition EU budget UK relations with EU
Link
View this Written question on www.parliament.uk