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709766
registered interest false more like this
date less than 2017-03-09more like thismore than 2017-03-09
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Business: Finance more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, if his Department will make an assessment of the potential effect of the UK's decision to leave the EU on the level of funding available for businesses; and if he will make a statement. more like this
tabling member constituency Caithness, Sutherland and Easter Ross more like this
tabling member printed
Dr Paul Monaghan remove filter
uin 67212 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-03-14more like thismore than 2017-03-14
answer text <p>The UK will continue to have all of the rights, obligations and benefits that membership brings, including our right to draw down European funding, up until the point we leave the EU. Furthermore, as announced by My Right Honourable Friend, the Chancellor of the Exchequer, EU funding granted before we leave the EU will be guaranteed after the UK leaves as long as it provides strong value for money and is in line with domestic strategic priorities.</p><p> </p><p>Leaving the EU allows us to make fresh choices about how we shape our economy and presents an opportunity to deliver a bold, long term Industrial Strategy that builds on our strengths and prepares us for the years ahead. We will be able to take our own decisions about how to support businesses to grow and ensure that future arrangements are aligned to UK priorities.</p><p> </p> more like this
answering member constituency Stourbridge more like this
answering member printed Margot James more like this
question first answered
less than 2017-03-14T15:07:38.4Zmore like thismore than 2017-03-14T15:07:38.4Z
answering member
4115
label Biography information for Margot James more like this
tabling member
4383
label Biography information for Dr Paul Monaghan more like this