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Business

Treasury written question – answered on 7th October 2019.

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Photo of Luciana Berger Luciana Berger Independent, Liverpool, Wavertree

To ask the Chancellor of the Exchequer, what estimate his Department has made of the number of businesses affected by Operation Kingfisher; and what plans his Department has made to mitigate the effects on those business.

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

As preparation for EU exit, the government has already made £6.3bn available and we have created a £108m Brexit Business Preparedness Pot – which is being allocated across government.

The Department for Business, Energy, and Industrial Strategy has – from this pot - introduced a £15m Business Readiness Grant Scheme to enable business representative organisations to aid SMEs across England and the UK to prepare for Brexit.

We will 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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