Brexit: economy, business and trade

How will exiting the European Union affect the UK's economy, business and trade? Read analysis from Parliament's libraries and committees on the impact of Brexit.

Overview

UK trade options beyond 2019
Report identifies central issues for the Government to resolve as it prepares to trigger Brexit negotiations

Leaving the EU: customs unions
Information on customs unions in light of the UK’s decision to leave the EU

EU state aid rules and WTO subsidies agreement
Explains the rules on state aid and subsidies, and considers what rules might apply in the UK after Brexit

The UK's trade relationship with the EU

Importance of trade with the EU for UK industries
Examines the importance of trade with the EU, particularly for UK industries that are highly integrated into the European Single Market

Brexit: trade aspects
Looks at possible options for the UK’s trading relationships with the EU and non-EU countries after Brexit

Brexit and trade
Blog post examining the UK's future trade relationship with the EU and what happens if no trade agreement is reached

Statistics on UK–EU trade (updated 17 August 2017)
Provides some basic statistics on the UK's trade with the EU

Leaving the EU: World Trade Organisation
Considers how the UK would trade with the EU under WTO terms, if the UK left the EU without a trade deal

Brexit: trade in non-financial services
Report on the implications of Brexit for trade in non-financial services, calling for trade agreement to protect services sector

Brexit: options for trade
Report evaluates models for future UK–EU trade, concluding Brexit requires compromise between sovereignty and liberalising trade

Digital Single Market: E-commerce package
Report calls on the Government to clarify how UK access to the Digital Single Market will be affected after Brexit

Trade with the rest of the world

CETA: the EU-Canada free trade agreement
Details the Comprehensive Trade and Economic Agreement (CETA), the free trade agreement between the EU and Canada

List of EU trade agreements (PDF 54.5 KB)
List of trade agreements in force between the EU and countries outside the EU

Leaving the EU: global free trade
What are the opportunities for the UK to be an outward looking champion of global free trade?

The UK's contribution to the EU budget
Discusses UK contributions to the EU budget and how much it receives back as well as potential post-Brexit payments to the EU

Brexit and the EU budget
Report says contributions to the EU budget will be a politically sensitive and important element of the withdrawal negotiations

A guide to the EU budget
Explains EU spending, sources of revenue, the UK's rebate and Member States' contributions and receipts

Brexit: UK funding from the EU
Looks at funding received by the UK from the EU and considers the implications of Brexit on the EU as a source of funding

Future funding from the European Investment Bank?
Blog post highlighting uncertainties about sources of infrastructure investment, particularly from the European Investment Bank

Productivity in the UK
Provides latest statistics on UK productivity and looks at the impact of Brexit on productivity growth

The Single Market, citizens' rights, and UK's future economic requirements
Examines the impact of leaving the Single Market on citizens' rights and implications for UK economy, trade and financial services

Economic update: new targets, new forecasts
Review of the Autumn Statement and the first forecasts for the economy and the public finances since the EU referendum

Impact of Brexit on business and industry

Leaving the EU: the impact on professional sport
Examines the potential effect of Brexit on the status of professional sportspeople and the possible economic impact on the sports sector

Brexit and financial services
What implications of Brexit are there for the financial services sector, an economic sector which is critical to the UK economy?

Effect of the UK leaving the EU on the rural economy
Information for the debate on the possible impact of EU withdrawal on the rural economy

Leaving the EU: impact on the creative industries
Information on the potential impact of leaving the EU on the creative industries, focusing on the video game industry and the film industry

The effect of leaving the EU on businesses in Wales
Information on the potential impact on business in Wales including growth prospects, EU funding, trade with the EU and EU regulations

Brexit: implications for the housing market and construction industry
How will Brexit affect construction industry confidence, the housing market and potential policy responses?

Potential effect of the UK leaving the EU on UK tourism
Examines the potential effect of leaving the EU on UK tourism with regard to visitor numbers, domestic tourism and exchange rates

Impact of Brexit on consumers

Effect of UK leaving the EU on consumers and consumer protection
Debate on the impact for consumers of EU withdrawal and the continued application of EU-derived consumer protection law

Impact of Brexit on UK consumer regime
Overview of the main issues regarding the impact of Brexit on the UK's consumer regime under prospective trading models with the EU

The abolition of mobile roaming charges and Brexit
Examines the regulation of roaming charges in the EU and the possible impact of Brexit on UK consumers

UK tax after the EU referendum (updated 7 July 2017)
Looks at the extent to which the UK and the EU are responsible for tax law, and tax after Brexit

Promoting the tourism industry in Northern Ireland through the tax system
Report calls on the Government to investigate if post-Brexit powers over VAT can be used to boost tourism in Northern Ireland

Brexit reading list: economic, business and transport policy issues
Analysis and comment on trade, economic policy, EU budget, business and industry, employment and transport

UK and Brexit: stay up to date

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News from across the House

News from across the House of Commons and House of Lords

Brexit glossary

List of commonly-used terms and acronyms, for example:

  • Article 50 TEU
  • Hard Brexit
  • Soft Brexit
  • Smooth Brexit
  • Red, white and blue Brexit
  • Great Repeal Bill

Background to the referendum

Reports and briefings on the UK's EU referendum 2016

Author information

Commons and Lords Library service

Authors of the research briefings are available to discuss them with Members and their staff. The research briefings are published to the UK Parliament website.

Select Committees

Both Houses establish select committees to conduct inquiries and to produce reports on a range of matters, from the conduct of Government to specialist subject areas. Information on their work can be found on the website.

Parliamentary Office of Science and Technology (POST)

POST provides research from across the biological, physical and social sciences, and engineering and technology

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