Brexit

(asked on 24th November 2017) - View Source

Question to the HM Treasury:

To ask Her Majesty's Government what estimate they have made of the timescale for which financial support will be needed to aid the UK's exit from the EU; and what assessment they have made of the extent to which the allocation of the £3 billion announced in the Budget Statement for that purpose for the 2018–19 and 2019–20 financial years will meet this need.


Answered by
Lord Bates Portrait
Lord Bates
This question was answered on 7th December 2017

The future funding requirements and the timescale over which they will be needed are dependent on the outcome of our negotiations with the European Union. The £1.5 billion set aside in both 18/19 and 19/20 is to ensure departments have sufficient resources to undertake key preparatory activities over the next two years.

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