Brexit has not been a major focus of this particular inquiry. Nonetheless, it will clearly have a profound impact on the economy’s future direction and growth prospects, potentially greater than the long-term effect of the pandemic. In its response to this report, the Treasury should explain how growth policy is identifying and helping those sectors most adversely affected by changes in trade between the UK and EU, as well as more clearly identifying the economic opportunities that may arise ...

Brexit has not been a major focus of this particular inquiry. Nonetheless, it will clearly have a profound impact on the economy’s future direction and growth prospects, potentially greater than the long-term effect of the pandemic. In its response to this report, the Treasury should explain how growth policy is identifying and helping those sectors most adversely affected by changes in trade between the UK and EU, as well as more clearly identifying the economic opportunities that may arise from Brexit. Type: conclusion | Number: 9 | Paragraph: 72 | Response status: under_consideration Government response: This section is addressing recommendations in paragraph 65, 72, 92 and 100 on productivity enhancing opportunities and challenges after Coronavirus; addressing the investment shortfall through tax incentives and policy certainty; economic opportunities as a result of Brexit and supporting firms affe