EU Grants and Loans

Treasury written question – answered on 6th November 2018.

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Photo of Daniel Zeichner Daniel Zeichner Labour, Cambridge

To ask the Chancellor of the Exchequer, what the planned timeframe is for the distribution of funds to UK organisations to cover the competitive EU grant funding which has been guaranteed by his Department in the event of the UK leaving the EU without a deal.

Photo of Elizabeth Truss Elizabeth Truss The Chief Secretary to the Treasury

If the UK leaves the EU without a deal, the Treasury will make funding available to departments next year to cover projects under the HMG Guarantee. Relevant departments will then allocate this funding to UK organisations.

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