Treasury written question – answered am ar 17 Rhagfyr 2018.
Kirsty Blackman
Shadow SNP Spokesperson (Economy), SNP Deputy Leader, Shadow SNP Spokesperson (Economy)
To ask the Chancellor of the exchequer, whether he has plans to provide financial support to businesses in Scotland deploying no-deal contingency plans as a result of the Government deferring the meaningful vote on the Withdrawal Agreement.
Elizabeth Truss
The Chief Secretary to the Treasury
The Government has taken steps throughout the EU Exit process to help businesses to prepare for a range of potential scenarios. These include the Government as a whole publishing 106 specific technical notices to help businesses prepare for March 2019 in the event of a ‘no deal’ scenario, and HMRC publishing a ‘Partnership Pack’ and sending letters to 145,000 traders setting out some actions businesses should take now to prepare for changes at the border in a ‘no deal’ scenario. We will continue to work with the Scottish Government to support businesses in Scotland.
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The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.
