Spring Budget 2020: Background briefing

This briefing sets out the background to Spring Budget 2020 which will take place on 11 March 2020. The Office for Budget Responsibility (OBR) will publish revised forecasts for the economy and public finances on the same day.

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Trade in services and Brexit

While the UK prepares to leave the EU, the future of services trade has received less attention in the public debate than trade in goods. The UK’s exposure to services trade means however that businesses in many sectors across the economy will be affected. This paper looks at the complexity of international trade in services and discusses what could change under the different future scenarios.…

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