Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, whether his Department plans to take steps to assist businesses with any increased costs on importing raw materials which result from changes in the value of the pound after the UK leaves the EU.

The Government is committed to ensuring the minimum possible disruption for business. The British economy is fundamentally strong because of the decisions this Government has taken.

To help support business, the government has announced over £23bn of additional investment in economic infrastructure, research and development, and housing, while corporation tax will be cut to 17 per cent – the lowest rate in the G20.