Research and analysis

Completing the single market: economic consequences for the UK and the EU

Outlines consequences for the European Union and the United Kingdom of completing the European single market. BIS economics paper number 11.


The economic consequences for the UK and the EU of completing the single market.

This file may not be suitable for users of assistive technology.

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email Please tell us what format you need. It will help us if you say what assistive technology you use.


This economics paper builds on recent developments in economic theory to provide a refreshed view of the benefits of completing the single market, for example eliminating the remaining obstacles to trade across Europe. Also assesses the consequences of hypothetical scenarios in which the UK would decide to opt out of further trade liberalisation in Europe.

Data for figures and tables in this publication is also available as a spreadsheet.

Published 9 February 2011