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Research Fund for Coal and Steel

Treasury written question – answered on 30th October 2019.

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

The Chancellor of the Exchequer has not received any recent representations on the use of the UK’s share of the assets of the Research Fund for Coal and Steel. Future expenditure will be decided at the Spending Review.

If the UK leaves the EU with a withdrawal agreement, we will continue to participate in the Research Fund for Coal and Steel, during the implementation period.

In a no-deal scenario, UK entities that receive RFCS funding from the European Commission or submit a successful bid before EU exit will be covered by the government’s EU programmes guarantee, for the lifetime of the projects. This will support UK participants to continue to take part in RFCS projects, subject to the UK entity being eligible to continue to participate in the project.

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