There is “no guarantee” that post-Brexit trade deals will deliver any real economic benefits unless companies receive better support on exporting, MPs have warned.
A report from the Commons Public Accounts Committee said the Government had not provided enough clarity about the “trade-offs” involved in the deals signed by the UK since leaving the European Union, particularly the impact on British farmers, while the environmental impact of increasing business with countries further afield than EU neighbours “remains uncertain”.
The committee also cast doubt on the Government’s goal of having 80% of the UK’s trade covered by free-trade deals by the end of the year, particularly as progress on an agreement with the United States is “on hold”.
