Gerald Jones – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Gerald Jones on 2016-04-27.

To ask the Secretary of State for Business, Innovation and Skills, what assessment he has made of the potential effect of a UK withdrawal from the EU on the UK’s digital industries.

Mr Edward Vaizey

The UK is home to a thriving digital sector, worth £118.3 billion and equivalent to 7.3% of UK GVA. 43% of the UK tech sector’s total exports go to the EU.

Digital Single Market reforms could be worth £330 billion a year to the EU economy. This is a clear example of how the single market benefits the UK digital industries.

The Government’s position is that the UK will be stronger, safer and better off remaining in a reformed EU.