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<p>The Chancellor of the Exchequer has not received any recent representations on
the use of the UK’s share of the assets of the Research Fund for Coal and Steel. Future
expenditure will be decided at the Spending Review.</p><p> </p><p>If the UK leaves
the EU with a withdrawal agreement, we will continue to participate in the Research
Fund for Coal and Steel, during the implementation period.</p><p> </p><p>In a no-deal
scenario, UK entities that receive RFCS funding from the European Commission or submit
a successful bid before EU exit will be covered by the government’s EU programmes
guarantee, for the lifetime of the projects. This will support UK participants to
continue to take part in RFCS projects, subject to the UK entity being eligible to
continue to participate in the project.</p>
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