Department for International Trade: Brexit

(asked on 6th February 2018) - View Source

Question to the Department for International Trade:

To ask the Secretary of State for International Trade, how much his Department plans to spend on projects relating to the UK leaving the EU in the next five years; and if he will list the projects to which that funding has been assigned.


Answered by
Graham Stuart Portrait
Graham Stuart
This question was answered on 14th February 2018

HM Treasury has already allocated departments nearly £700 million to prepare for Brexit: £412m for DIT, FCO and DExEU over the parliament at Autumn Statement 2016 and nearly £300m across a number of departments from the Reserve in 17/18 - we received £58.5m of this funding in total in 16-17 and 17-18.

At Autumn Budget 2017 HM Treasury made another £3bn of additional funding available over 18/19 and 19/20 – £1.5bn in each year. We are currently working with HM Treasury to determine our allocation for 18/19 with the aim to agree this soon.

Departmental allocations for 19/20 will be agreed later on in the year and decisions on funding in 20/21 and beyond will be decided at the next Spending Review. This is because requirements in these years will be heavily affected by what is agreed in our negotiations with the EU.

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