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1148802

registered interest
date	14/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Business
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, with reference to the Answer of 7 October 2019 to Question 292791 and the article published in the Times on 10 August 2019 entitled Bailout fund to prop up businesses after Brexit, what assessment his Department has made of which businesses are at high risk of collapse in the event that the UK leaves the EU without a deal; and what funding has been allocated to supporting those businesses.
tabling member constituency	Carshalton and Wallington
tabling member printed	Tom Brake
uin	15
answer	answer is ministerial correction date of answer 17/10/2019 answer text <p>HM Treasury continue to monitor and work closely with businesses across the country to help ensure they are fully prepared for when the UK leaves the EU.</p><p> </p><p>The government has already made £6.3 billion available to prepare for EU Exit. From this we have created £108m of funding for Brexit Business Preparedness – which is being allocated across government to ensure businesses are suitably prepared for EU exit.</p><p> </p><p>In the event of no deal, the government would act quickly to outline our approach and take early action to support the economy, businesses and households. This would be followed by a Budget in the weeks thereafter.</p> answering member constituency Richmond (Yorks) answering member printed Rishi Sunak question first answered 17/10/2019 15:48:14 answering member 4483 label Biography information for Rishi Sunak
tabling member	151 label Biography information for Tom Brake

1147950

registered interest
date	02/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Business
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what estimate his Department has made of the number of businesses affected by Operation Kingfisher; and what plans his Department has made to mitigate the effects on those business.
tabling member constituency	Liverpool, Wavertree
tabling member printed	Luciana Berger
uin	293533
answer	answer is ministerial correction date of answer 07/10/2019 answer text <p>As preparation for EU exit, the government has already made £6.3bn available and we have created a £108m Brexit Business Preparedness Pot – which is being allocated across government.</p><p> </p><p>The Department for Business, Energy, and Industrial Strategy has – from this pot - introduced a £15m Business Readiness Grant Scheme to enable business representative organisations to aid SMEs across England and the UK to prepare for Brexit.</p><p> </p><p>We will continue to monitor and work closely with businesses across the country to help ensure they are fully prepared for when the UK leaves the EU.</p> answering member constituency Richmond (Yorks) answering member printed Rishi Sunak question first answered 07/10/2019 12:51:35 answering member 4483 label Biography information for Rishi Sunak
tabling member	4036 label Biography information for Luciana Berger

1147951

registered interest
date	02/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Business
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what criteria his Department has set for businesses which wish to apply for the bailout fund created by Operation Kingfisher.
tabling member constituency	Liverpool, Wavertree
tabling member printed	Luciana Berger
uin	293534
answer	answer is ministerial correction date of answer 07/10/2019 answer text <p>The first port of call for a business facing cashflow issues should be commercial lending. As the Bank of England have said, UK banks are well-prepared, well-capitalised, and publicly committed to continuing to lend to viable businesses.</p><p> </p><p>Overall, the government has already made over £6.3bn available to prepare for EU exit. This includes £2 billion of core funding for departments for Brexit in 2020-21, which was confirmed in the recent Spending Round.</p><p> </p><p>The UK economy remains resilient, but we will continue to closely monitor any developments in economic risks to firms, sectors, and regions. We are considering what further support may be needed and any announcements will be made in due course.</p> answering member constituency Richmond (Yorks) answering member printed Rishi Sunak question first answered 07/10/2019 09:59:43 answering member 4483 label Biography information for Rishi Sunak
tabling member	4036 label Biography information for Luciana Berger

1147419

registered interest
date	01/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Business
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what funding his Department has allocated to Operation Kingfisher.
tabling member constituency	Carshalton and Wallington
tabling member printed	Tom Brake
uin	292791
answer	answer is ministerial correction date of answer 07/10/2019 answer text <p>HM Treasury and the Bank of England have a number of economic tools at their disposal in preparation for EU exit and stand ready to deploy them as and when necessary.</p><p> </p><p>Overall, the government has already made over £6.3bn available to prepare for EU exit. This includes £2 billion of core funding for departments for Brexit in 2020-21, which was confirmed in the recent Spending Round.</p><p> </p><p>We continue to monitor and work closely with businesses across the country to help ensure they are fully prepared for when the UK leaves the EU.</p> answering member constituency Richmond (Yorks) answering member printed Rishi Sunak question first answered 07/10/2019 12:55:05 answering member 4483 label Biography information for Rishi Sunak
tabling member	151 label Biography information for Tom Brake

1147563

registered interest
date	01/10/2019
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Business
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what estimate he has made of the cost to the public purse of Operation Kingfisher's (a) bailout fund and (b) administration.
tabling member constituency	Oxford West and Abingdon
tabling member printed	Layla Moran
uin	292987
answer	answer is ministerial correction date of answer 07/10/2019 answer text <p>We continue to monitor and work closely with businesses across the country to help ensure they are fully prepared for when the UK leaves the EU.</p><p> </p><p>As such, the government has already made over £6.3bn available to prepare for EU exit. This includes £2 billion of core funding for departments for Brexit in 2020-21, which was confirmed in the recent Spending Round.</p> answering member constituency Richmond (Yorks) answering member printed Rishi Sunak question first answered 07/10/2019 12:49:40 answering member 4483 label Biography information for Rishi Sunak
tabling member	4656 label Biography information for Layla Moran