Spring Statement:Written statement - HCWS540

WS
Treasury
Made on: 13 March 2018
Made by: Elizabeth Truss (The Chief Secretary to the Treasury)
Commons

Spring Statement

Making a success of EU exit is a priority for the Government and the Treasury. At the Autumn Budget 2017, my right honourable friend the Chancellor of the Exchequer (Philip Hammond) committed £3 billion over the next two financial years to helping departments and the devolved administrations to prepare. Working with colleagues across government to prioritise the essential programmes to realise the opportunities from EU exit, the Treasury has allocated funding to departments as follows in 2018-19:

Department

£m

Cabinet Office

49.4

Competition and Markets Authority

23.6

Department for Business, Energy and Industrial Strategy

185.1

Department for Digital, Culture, Media and Sport

26.2

Department for Environment, Food and Rural Affairs

310.0

Department for International Trade

74.0

Department for Transport

75.8

Department of Health and Social Care

21.1

Food Standards Agency

14.0

Foreign and Commonwealth Office

29.6

HM Revenue & Customs

260.0

HM Treasury

24.8

Home Office

395.0

Ministry of Defence

12.7

Ministry of Justice

17.3

Northern Ireland Office

0.4

Office for National Statistics

2.0

Scotland Office

0.3

The National Archives

1.2

Wales Office

0.3

This has generated the following Barnett consequentials for the devolved administrations:

£m

Northern Ireland Executive

15.2

Scottish Government

37.3

Welsh Government

21.4

This Government is committed to seeking a new future economic partnership with the European Union and this funding will help us to prepare for all eventualities. As the negotiations continue, we will need to reflect upon any progress and consider requirements accordingly. I will work with my colleagues across government to ensure these allocations achieve value for money for the taxpayer. Final allocations will be made at the 2018-19 Supplementary Estimates in early 2019.

This statement has also been made in the House of Lords: HLWS521

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