Business: Brexit

Treasury written question – answered on 7th October 2019.

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Photo of Rishi Sunak Rishi Sunak The Chief Secretary to the Treasury

HM Treasury and the Bank of England have a number of economic tools at their disposal in preparation for EU exit and stand ready to deploy them as and when necessary.

Overall, the government has already made over £6.3bn available to prepare for EU exit. This includes £2 billion of core funding for departments for Brexit in 2020-21, which was confirmed in the recent Spending Round.

We continue to monitor and work closely with businesses across the country to help ensure they are fully prepared for when the UK leaves the EU.

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