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Treasury: Brexit

Treasury written question – answered on 7th October 2019.

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Photo of Rachael Maskell Rachael Maskell Shadow Minister (Transport)

To ask the Chancellor of the Exchequer, how much his Department budgeted to support (a) other Government departments and (b) the Government’s arms-length agencies in preparation for the UK leaving the EU without a deal in each financial year since 2016-17.

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

The government has provided: over £4.2bn of additional funding from 2016 to the present financial year (2019-20) for departments and devolved administrations to prepare for all EU exit scenarios (a breakdown of these allocations can be found in Table E.6 (page 77) of HM Treasury’s 2018 Annual Statement on European Finances); a further £2bn for the 2020-21 financial year, announced at Spending Round 2019.

For no-deal preparations specifically the Chancellor also: made £2.1bn available on 1 August 2019 for this financial year (2019-20); confirmed the HMG Guarantee on 30 September 2019, which would apply if the UK leaves the EU without a deal and should the EU cease to fund UK organisations after EU exit. This guarantee relates to UK organisations in receipt of certain EU programme funding. The total amount expected to be covered by the guarantee would be £4.3bn for this financial year.

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