Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what steps she is taking to ensure that officials in her Department are adequately trained on potential economic statecraft mechanisms that could be deployed against the UK.
The Government possesses a range of diplomatic, economic, trade and other tools to respond to economic statecraft mechanisms if they are deployed against the UK. We work with the G7 and a range of other close partners to strengthen our joint resilience in ways that uphold the rules-based international economic system.
The UK Government continues to invest in training and capability building for officials in His Majesty’s Treasury to ensure economic security preparedness, including via the College for National Security. The Integrated Security Fund's Economic Deterrence Initiative has funded training and tailored analysis to improve economic security resilience and preparedness across HM Treasury.