Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, with reference to his Statement of 13 August 2016 on EU funding beyond the date the UK leaves the EU, what estimate he has made of the cost to the Government of funding the completion of projects previously funded by European structural and investment funds.
In response to uncertainty, the Treasury has provided a guarantee for multi-year funds that may carry over after we have exited the EU. However, it is the Government’s view that the EU should meet its obligations and fund the projects that we enter into while we remain a member.