Oral Answers to Questions

Matthew Pennycook Excerpts

Thursday 27th June 2019 Commons Chamber

[James Cleverly]

The Government absolutely remain committed to ensuring that businesses, whether they are large, small or medium-sized, thrive in any Brexit-related scenario. The Governor of the Bank of England has said that we are well prepared. I will ensure that more details are circulated about what mitigating measures the UK Government will put in place for small and medium-sized businesses.

[Matthew Pennycook (Greenwich and Woolwich) (Lab)]

In the finest traditions of this Government, the Brexit Secretary used an interview in The Times today to publicly air his frustrations with colleagues from the Treasury and the Department for Business, Energy and Industrial Strategy at their unwillingness to waste yet more public money on ramping up preparations for a no-deal Brexit. In the same spirit of openness, can the Minister tell the House precisely how much additional funding his Department believes should be allocated to no-deal planning before 31 October and what it should be spent on?

[James Cleverly]

The Treasury has made available over £4 billion for preparations for Brexit in all scenarios. As has been discussed at the Dispatch Box before, it is not possible to disaggregate the spending between planning for a deal and planning for no deal. If the hon. Gentleman or anyone else in the Chamber is concerned about the implications of a no-deal Brexit, I remind them that they have had a number of opportunities to take the prospect of a no-deal Brexit off the table, which is what they say they wish to do, by voting for a deal. The fact that he has failed to do so means that the Government have had to take sensible, pragmatic actions to ensure that we are ready to leave in the event of no deal, but it is not too late for him to repent.