European Structural and Investment Funds

Lord Deben Excerpts
Tuesday 12th December 2017

(6 years, 5 months ago)

Lords Chamber
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Lord Henley Portrait Lord Henley
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My Lords, the noble Baroness should listen very carefully to my answers. The guarantees I was giving were about the future of the shared prosperity fund. I can give categorical guarantees about European structural funds for 2014-20. Those guarantees will continue to stand, as has been made clear by my right honourable friends in another place. They will stand in a no-deal scenario, and all projects that were signed up to before the Autumn Statement of 2016 will be guaranteed by the Government after the United Kingdom leaves the EU.

Lord Deben Portrait Lord Deben (Con)
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My Lords, my noble friend has said that in the future these decisions will be made by Britain, not the European Union. Can he explain precisely the difference in criteria between those used by the European Union at the moment, and those that he will use, and how, if he uses different criteria, he will also meet the promise that all those places that now receive money will continue to do so?

Lord Henley Portrait Lord Henley
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My Lords, I did not say there would necessarily be different criteria. I said—and I am sure my noble friend would agree with this—that the decisions would be made by us and not by the EU.