Written question asked by Lord Frost (Conservative) on Monday, 8 September 2025, in the House of Lords. It was due for an answer on Monday, 22 September 2025. It was answered by Baroness Anderson of Stoke-on-Trent (Labour) on Monday, 22 September 2025 on behalf of the Cabinet Office.
UK Relations with EU
- Question
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To ask His Majesty's Government, following the news story about the UK–EU reset agreement published on 19 May, how they calculated that the agreement would add nearly £9 billion to the UK economy by 2040, who did the calculation, and whether they will place a copy of the calculation and any related modelling in the Library of the House.
- Answer
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Combined, the SPS (£5.1 billion) and Emissions Trading Systems linking (£3.8 billion) measures alone are set to add nearly £9 billion a year to the UK economy by 2040, in a significant boost for growth. These are government estimates, and methodology notes published following the Summit will be deposited to the Library of the House in due course.
Secondary information
- Type
- Written question
- Reference
- HL10291
- Session
- 2024-26
- Related items
- Subjects
- Economic situation UK relations with EU
- Contains statistics
- Yes
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2025-11-28 16:50:11 +0000
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/lords/2024-26/HL10291
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/lords/2024-26/HL10291
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/lords/2024-26/HL10291