Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Desmond Swayne Excerpts
Tuesday 29th January 2019

(5 years, 3 months ago)

Commons Chamber
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Elizabeth Truss Portrait Elizabeth Truss
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If we are going to trade statistics, at the end of the last Labour Government, 20% of young people were unemployed and 1.4 million people were on welfare and left on the scrapheap. We have record employment and the lowest unemployment since the mid-1970s. The way we are going to solve the issue of poverty is to help people get on, help people get into work and get our education levels up.

Desmond Swayne Portrait Sir Desmond Swayne (New Forest West) (Con)
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10. What recent contingency plans he has made to prepare for the UK leaving the EU without a deal.

Lord Hammond of Runnymede Portrait The Chancellor of the Exchequer (Mr Philip Hammond)
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Leaving the EU with a deal remains the Government’s top priority, but as a responsible Government we are, of course, also making preparations to ensure that the country is ready for every eventuality across all sectors of the economy. I have made substantial funding available to prepare for the UK’s exit from the EU in all scenarios. HMRC has written on no-deal preparations to 145,000 EU-only traders, and the Government have produced a partner pack to support stakeholders in preparing for a no-deal scenario.

Desmond Swayne Portrait Sir Desmond Swayne
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And worth every penny, isn’t it? How much in total is the Chancellor spending on delivering the people’s decision?

Lord Hammond of Runnymede Portrait Mr Hammond
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Let me put it this way: since 2016 I have made more than £4.2 billion available for EU exit planning, and funding for the 2019-20 financial year has now been allocated to Departments. That is funding to prepare the Government for leaving the EU in any scenario. In addition, I have made arrangements to ensure that Departments and the devolved Administrations can fund measures to address urgent civil contingencies in a no-deal scenario.