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The Government is currently considering how best to support businesses across the country in the event of a no deal exit from the EU.<\/p>

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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>

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We are monitoring businesses and sectors which may be exposed to short-term difficulties as a result of EU Exit and have been clear that should there be no deal, we would support the economy through whatever appropriate action is necessary, in keeping with the principles of managing public money.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4483", "label" : {"_value" : "Biography information for Rishi Sunak"} } , "answeringMemberConstituency" : {"_value" : "Richmond (Yorks)"} , "answeringMemberPrinted" : {"_value" : "Rishi Sunak"} , "dateOfAnswer" : {"_value" : "2019-10-03", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-10-03T16:37:12.403Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2019-09-30", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Business: Government Assistance"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, pursuant to the oral contribution of 25 September 2019 from the Chancellor of the Duchy of Lancaster and Minister for the Cabinet Office, Official Report Column 739, if he will publish the criteria for which a business will be judged fundamentally viable in order to receive assistance from the Government in the event of the UK leaving the EU without a deal.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4124", "label" : {"_value" : "Biography information for Chi Onwurah"} } , "tablingMemberConstituency" : {"_value" : "Newcastle upon Tyne Central"} , "tablingMemberPrinted" : [{"_value" : "Chi Onwurah"} ], "uin" : "292234"} , {"_about" : "http://data.parliament.uk/resources/1147043", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1147043/answer", "answerText" : {"_value" : "

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>

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The Government has introduced significant and widespread measures to aid SMEs\u2019 preparations for Brexit. We have created a £108m Brexit Business Preparedness Pot \u2013 which is being allocated across government.<\/p>

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The Government is supporting the North through devolution deals for, among others, Manchester, Liverpool, and, most recently, North of Tyne, as well as through over £13 billion of investment in better transport across the north. In addition, we have invested over £3 billion from the local growth fund in the region since 2015, and we committed at the last Budget to announce a renewed northern powerhouse strategy.<\/p>

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In the event the UK leaves the EU without a deal, the Government has guaranteed funding for certain EU funded projects agreed before the end of 2020. This includes EU funded research projects, where UK organisations successfully bid directly to the European Commission on a competitive basis, and ensures that UK charities, businesses and universities, will continue to receive funding over a project\u2019s lifetime, even in a no deal scenario.<\/p>

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The UK economy remains resilient but we will continue to closely monitor any developments in economic risks to firms, sectors, and regions. Should circumstances require, the government will take the necessary action to support the UK economy through the transition.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4483", "label" : {"_value" : "Biography information for Rishi Sunak"} } , "answeringMemberConstituency" : {"_value" : "Richmond (Yorks)"} , "answeringMemberPrinted" : {"_value" : "Rishi Sunak"} , "dateOfAnswer" : {"_value" : "2019-10-03", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-10-03T16:38:25.217Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2019-09-30", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Business: Government Assistance"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, pursuant to the oral contribution of 25 September 2019 from the Chancellor of the Duchy of Lancaster, and Minister for the Cabinet Office, Official Report Column 739, what support has been planned for fundamentally viable businesses in the North East in the event of supply chain and trade issues as a result of the UK leaving the EU on 31 October 2019.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4124", "label" : {"_value" : "Biography information for Chi Onwurah"} } , "tablingMemberConstituency" : {"_value" : "Newcastle upon Tyne Central"} , "tablingMemberPrinted" : [{"_value" : "Chi Onwurah"} ], "uin" : "292235"} , {"_about" : "http://data.parliament.uk/resources/1147104", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1147104/answer", "answerText" : {"_value" : "

Child Benefit provides support to all parents of adopted children where those parents are responsible for the adopted children. A person is treated as being responsible for a child, whether that child is adopted or not adopted, where:<\/p>