Welsh and Scottish governments seek post-Brexit funding clarity

The Welsh and Scottish governments are seeking clarity over funding issues for when Britain finally leaves the EU.

Both governments will be sending representatives to meet on Friday with Liz Truss, the chief secretary to the treasury, in Cardiff.

Rebecca Evans, the Welsh finance minister along with Derek Mackay, the Scottish finance secretary are asking for post-Brexit funding clarity.

Mackay said, “Funding from the EU supports jobs in Scotland, from major infrastructure projects to sustaining rural communities and delivering research funding for our world-class universities.

“That is why the Scottish Government is determined to defend its hard-won fiscal responsibility and maintain the benefits that EU funding has provided to many sectors and individuals in Scotland.

“With just weeks to go until the planned EU exit day, we remain deeply concerned about the lack of detail regarding replacement arrangements for EU funding streams given their importance to individuals, businesses and communities across Scotland.

“Today I will be calling on the Chief Secretary to the Treasury to provide reassurance that Scotland should not be financially worse off as a result of the EU exit and to guarantee that all lost EU funding will be replaced in full.

“As the Scottish Government Chief Economist’s State of the Economy report set out, Brexit uncertainty is already impacting key economic indicators and a no-deal Brexit would lead to a major dislocation to the Scottish economy.

“The UK Government must immediately rule out the possibility of a ‘no deal’ Brexit and extend the Article 50 process. However, as a responsible government we will also continue – and indeed intensify – our work to prepare for all outcomes as best we can.”