This stark warning against TTIP was disclosed in response to a Freedom of Information request by anti-TTIP campaigners
The Transatlantic Trade and Investment Partnership will have “few or no benefits to the UK”, according to the only official assessment of the deal commissioned by the UK Government.
The stark warning was disclosed in response to a Freedom of Information request by anti-TTIP campaigners Global Justice Now.
Campaigners filed a request to the Department for Business Innovation and Skills to ask what risk assessments had been made about the treaty.
BIS said it had carried out only one such review in 2013, when the London School of Economics was commissioned to conduct a study.
The study found that TTIP would have limited political and economic benefits and may result on “meaningful economic costs in the UK”.
“All in all, it is doubtful that UK investors will find additional protections from an EU-US investment protection treaty beyond those currently provided, and enforced, under US law,” the study found.