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EU Grants and Loans

Question for Treasury

UIN 185619, tabled on 30 October 2018

To ask the Chancellor of the Exchequer, whether the funding allocated by the EU to underwrite successful bids by UK organisations to competitive EU grant programmes, including Horizon2020, will be funded from (a) UKRI’s annual budget allocation or (b) additional funding allocated by his Department in the event that the UK leaves the EU without a deal.

Answered on

6 November 2018

If the UK leaves the EU next year without a deal, HM Treasury will make additional funding available to departments to cover projects under the HMG Guarantee, which includes Horizon 2020. Relevant departments will then be responsible for allocating this funding to UK organisations.

Answered by

Treasury