Department for International Trade written question – answered at on 1 November 2016.
To ask the Secretary of State for International Trade, with reference to the Answer of 10 October 2016 to Question 46333, how much has been spent on the functions of the Department for International Trade; and what estimate he has made of how much will be spent on those functions by the end of the current fiscal year.
To ask the Secretary of State for International Trade, with reference to the Answer of 10 October 2016 to Question 46333, how much has been spent on the functions of the Department for International Trade; and what estimate he has made of how much will be spent on those functions by the end of the current fiscal year.
Following her appointment on 13 July 2016 the Prime Minister established the Department for International Trade (DIT). Until such time as a transfer of functions order establishes my Rt hon Friend the Secretary of State for International Trade as a corporation sole, DIT remains a unified Foreign and Commonwealth Office (FCO) and Department for Business, Energy & Industrial Strategy (BEIS) department for accounting purposes. The transfer of functions order (No 2016/ 992) laid on 19 October 2016 will come into effect on 9 November 2016.
DIT is a new Department and is in the process of establishing a separate and distinct budget for its operating costs. This will be shared with Parliament through the Autumn Statement and Supplementary Estimates.
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