Manufacturing Industries

(asked on 11th April 2019) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to the oral contribution of 9 April 2019, Official Report, column 159, if he will publish the (a) organisations and (b) individual his Department is consulting with to establish (a) the level of need and (b) the most appropriate way to make that support available.


Answered by
Robert Jenrick Portrait
Robert Jenrick
This question was answered on 24th April 2019

The Government has been clear that should there be no deal, we would support the economy through whatever action is appropriate. Meanwhile, our modern industrial strategy will ensure that the UK remains one of the most competitive locations in the world for manufacturing investment.

Treasury Ministers have regular engagement with a wide range of banks and other financial services providers to discuss a variety of matters, including support for businesses as the UK withdraws from the European Union.

Individual banks’ lending commitments are commercial decisions for those organisations, and are in the public domain. Businesses should engage with lenders in the usual manner.

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