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answer › date of answer	2017-11-30
answer › answering member printed	Elizabeth Truss
hansard heading	EU Budget: Contributions

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tabling member constituency

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uin

answer

is ministerial correction

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answer text

answering member constituency

answering member printed

question first answered

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794580

registered interest

date

23/11/2017

answering body

HM Treasury

answering dept id

answering dept short name

Treasury

answering dept sort name

CaTreasury

hansard heading

EU Budget: Contributions

house id

legislature

25259

	pref label	House of Commons

question text

To ask Mr Chancellor of the Exchequer, with reference to Table C5 of the 2017 Autumn Budget 2017 and Table B.4 of the Office for Budget Responsibility's Economic Economic and Fiscal Outlook November 2017, when the forecast own resources contribution to the EU of £3.5bn in 2019-20 and subsequent years will be reallocated to domestic UK spending, what plans he has for these monies; and if he will make a statement.

tabling member constituency

North East Somerset

tabling member printed

Mr Jacob Rees-Mogg

uin

115553

answer

is ministerial correction

date of answer

30/11/2017

answer text

<p>The Office for Budget Responsibility’s independent forecast has maintained EU contributions past the point of exit in order to produce a fiscally neutral forecast; they have made no assumptions on the outcome of future policy decisions. The funding choices we take after exiting the EU will be based on the UK’s domestic priorities and will also be affected by the then economic environment and the fiscal position. We are determined to secure the very best deal we can for households and businesses in these negotiations and to seize the opportunities ahead by laying the foundations of a stronger, fairer Britain outside the EU.</p>

answering member constituency

South West Norfolk

answering member printed

Elizabeth Truss

question first answered

30/11/2017 16:42:39

answering member

4097

	label	Biography information for Elizabeth Truss

tabling member

4099

	label	Biography information for Sir Jacob Rees-Mogg