Diana Johnson – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Diana Johnson on 2016-10-18.

To ask Mr Chancellor of the Exchequer, what discussions the Government has had with the European Investment Bank on continued investment in the UK following the UK leaving the EU; and how many loans were issued by the European Investment Bank to projects in each region of the UK in the 2015-16 fiscal year.

Mr David Gauke

The Chancellor of the Exchequer is the UK Governor of the European Investment Bank and continues to fulfil his governance duties. The Chancellor continues to meet his European counterparts on a regular basis to discuss a range of issues.

The EIB publish all loans made to UK borrowers as well as details on future projects yet to be financed. In 2015 the EIB lent over €7.77bn to UK projects. The link below provides full details on EIB lending to the UK.

http://www.eib.org/projects/regions/european-union/united-kingdom/index.htm