Brexit

Treasury written question – answered on 8th November 2018.

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Photo of Matthew Pennycook Matthew Pennycook Shadow Minister (Exiting the European Union)

To ask the Chancellor of the Exchequer, with reference to page 139 of the Office for Budget Responsibility’s report entitled Economic and Fiscal Outlook October 2018, published in October 2018, CM9713, what proportion of the £1.5 billion allocated to the Brexit funding pot will be spent in 2018-19.

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

On 13 March, the Treasury allocated c.£1.6bn to departments on March 2018. A full breakdown of the allocation can be found in the Chief Secretary’s Written Ministerial Statement, HCWS540, laid on the 13th March https://www.parliament.uk/business/publications/written-questions-answers-statements/written-statement/Commons/2018-03-13/HCWS540/.

Details of some of the work done by departments funded by these allocations can be found in the Technical Notices published on 24 August (https://www.gov.uk/government/publications/uk-governments-preparations-for-a-no-deal-scenario/uk-governments-preparations-for-a-no-deal-scenario).

The independent Office for Budget Responsibility as part of their fiscal forecast take a judgement on how much departments will underspend on all aspects of DEL spending. This information is available at https://cdn.obr.uk/EFO_October-2018.pdf.

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