Competition and Markets Authority

(asked on 28th June 2018) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask Her Majesty's Government what assessment they have made of the case for providing extra resources to the Competition and Markets Authority as a result of the UK no longer being a member of the EU.


Answered by
Lord Henley Portrait
Lord Henley
This question was answered on 11th July 2018

At the Autumn Budget 2017, my rt. hon. Friend Mr Chancellor of the Exchequer committed £3 billion over the next two financial years to helping departments, including the CMA, and the devolved administrations to prepare for our exit from the EU. As part of the Spring Statement 2018, my rt. hon. Friend the Chief Secretary to the Treasury announced that the CMA has been allocated an additional £23.6m in 2018-2019 to prepare for EU exit.

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