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<p>The Treasury has provided £4.2bn for EU Exit preparations, including the unlikely
event of a ‘no deal’ scenario, consisting of: £700m for 2017-18; £1.5bn for 2018-19
announced at Autumn Budget 2017 and allocated at Spring Statement 2018; £1.5bn for
2019-20 announced at Autumn Budget 2017; and an additional £500m for 2019-20 announced
at Autumn Budget 2018.</p><p>This funding represents a clear commitment from the Government
to ensure departments and the Devolved Administrations continue to have the necessary
money to prepare effectively for a range of exit scenarios, including the unlikely
event of a no deal scenario.</p><p>The Devolved Administrations are receiving their
share of additional funding in devolved areas through the Barnett Formula. For 2018-19
this means the Devolved Administrations are receiving almost £75m.</p><p> </p>
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