Brexit

(asked on 22nd November 2017) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, if he will publish his assessment of how much of the (a) £100 million spent to date and (b) additional £3 billion of funding for preparations for the UK leaving the EU announced in Autumn Budget 2017 is required for contingencies in the event of (i) no deal being reached and (ii) a deal being reached.


Answered by
Elizabeth Truss Portrait
Elizabeth Truss
This question was answered on 27th November 2017

HMG is preparing for a range of scenarios, as is the responsible thing to do. At Autumn Statement 2016, HMT announced £412m of additional funding over the parliament for DExEU, DIT and the FCO to allow essential preparations to begin. HMT has also allocated over £250m of additional funding to departments in 17/18.

On top of this, £3bn of additional funding was announced by the Chancellor at the Autumn Budget - £1.5 billion of additional funding in each of 2018-19 and 2019-20. The Treasury will be working with departments ahead of allocating additional funding to ensure plans are designed to flexibly handle multiple scenarios wherever possible.

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