Brexit

(asked on 6th September 2018) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to Operation Yellowhammer, what assessment he has made of the effect of raising no deal contingency planning costs through internal reprioritisation on the ability of Departments to fulfil existing (a) policy and (b) other commitments.


Answered by
Elizabeth Truss Portrait
Elizabeth Truss
This question was answered on 11th September 2018

At Autumn Budget 2017 the Chancellor announced an additional £3bn of funding for EU Exit preparation. This funding was intended to cover preparations in the event of both a deal and no-deal scenario. Furthermore, as part of the normal course of business Treasury holds contingency reserves to deal with unexpected pressures.

Reticulating Splines