Treasury: Brexit

(asked on 2nd July 2019) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what preparations his Department is making for the UK leaving the EU without an agreement; and how much funding has been allocated to those preparations.


Answered by
Robert Jenrick Portrait
Robert Jenrick
This question was answered on 8th July 2019

We remain focused on ensuring our smooth and orderly withdrawal from the EU with a deal. However, a responsible government prepares for all contingencies, and since the referendum.

The Treasury has allocated over £4.2 billion of additional funding to departments and Devolved Administrations for EU exit preparations so far. This breaks down as £412m over the spending review period for the Department for Exiting the European Union, Department for International Trade and the Foreign & Commonwealth Office (Autumn Statement 2016); £286m of additional funding for 2017/18 (a full breakdown of which can be found in Supplementary Estimates 2017/18); over £1.5 billion for 2018/19 (Supplementary Estimates 2018/19); and over £2 billion for 2019/20 (Main Estimates 2019/20).

This funding is to cover all exit scenarios and is in addition to departmental efforts to reprioritise from business as usual toward preparations for the UK’s departure from the EU. Work on no-deal exit preparations cannot be readily separated from other EU exit work, given the significant overlap in plans in many cases.

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