Tom Blenkinsop – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Tom Blenkinsop on 2014-06-11.

To ask the Secretary of State for Business, Innovation and Skills, what assessment he has made of the potential effects of Scottish independence on businesses in the North East and Cumbria.

Michael Fallon

I have not made such an assessment. The UK Government’s Scotland Analysis Programme identified benefits for UK businesses from common rules and institutions that create a larger domestic market, reduce administrative burdens and encourage fair competition. Diverging regulatory regimes and new burdens created by an international border may affect the level of trade (£48 billion from Scotland to rest of UK in 2012, and £59 billion in the opposite direction) and the 30,000 people who currently travel freely between Scotland and North England each day to work.