Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, whether he has plans to (a) retain or (b) increase the UK's shareholding in the European Bank for Reconstruction and Development; and if he will make a statement.

There are no plans to change the UK’s shareholding in the European Bank for Reconstruction and Development. The UK remains firmly committed to membership of the European Bank for Reconstruction and Development, which is an international organisation, and is therefore unaffected by the UK’s exit from the European Union.