Roads: Northern Ireland

(asked on 16th July 2019) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how much and what proportion of UK Guarantees Scheme guarantees issued to date have been allocated to road projects in Northern Ireland.


Answered by
Elizabeth Truss Portrait
Elizabeth Truss
This question was answered on 22nd July 2019

To date, no guarantees under the UK Guarantees Scheme have been issued to road projects in Northern Ireland. This information, alongside details of the UK Guarantees scheme, is publicly available here: https://www.gov.uk/guidance/uk-guarantees-scheme. The UK Guarantees Scheme was established in 2012, with a capacity of up to £40 billion, to support private investment in UK infrastructure projects. As the scheme is demand-led, it only operates where needed and guarantees are not allocated by region. So far, the UK Guarantees Scheme has issued £1.8 billion of guarantees, supporting over £4 billion worth of investment.

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