EU Grants and Loans

(asked on 11th January 2017) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what the Government's domestic strategic priorities are in relation to its guarantee for all European Structural and Investment Fund projects signed after the Autumn Statement 2016 and before the UK leaves the EU.


Answered by
David Gauke Portrait
David Gauke
This question was answered on 16th January 2017

The government has guaranteed all multi-year European Structural and Investment Fund (ESIF) projects which are signed ahead of the point at which the UK leaves the EU. Funding for projects will be guaranteed if the department responsible for managing the relevant ESIF programme is satisfied that projects provide strong value for money and are in line with their strategic priorities. Each government department will take responsibility for the allocation of money to projects in line with these conditions and the wider rules on public spending.

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