Brexit

(asked on 8th May 2018) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what elements of his Department's preparations for the UK leaving the EU will not be completed by March 2019.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 15th May 2018

The government is committed to ensuring that the UK is ready for all possible outcomes on exit day– and HM Treasury plays its part to achieve this goal:

The Chancellor announced £3bn across 18/19 and 19/20 in the Autumn Budget and confirmed individual departments’ allocations in the 2018 Spring Statement to ensure that departments are funded to prepare effectively for a range of exit scenarios;

HM Treasury continues with detailed preparations for all scenarios; in particular for financial services and customs to ensure there are functioning regimes in place on the day the UK leaves the EU;

The Treasury takes an active role in supporting the negotiation process, in particular on the UK’s economic and financial relationship with the EU.

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