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World

VERBATIM: UK government to fill EU funds gap

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Opening sequence

World

VERBATIM: UK government to fill EU funds gap

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COMING UP:VERBATIM: UK government to fill EU funds gap

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Transcript

00:00:00
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MUSIC]
00:00:06
The reason we're doing this is that we want to make sure that British businesses, universities, farmers, can go on at getting access to European Union funding. So long as we're members of the European Union, we're entitled to our share and I want to make sure we get our share.
00:00:23
What we're doing here is guaranteeing that projects that have already been signed or that are going to be signed over the coming months. Even if the payment of those funds runs on beyond the time we leave the EU, will be guaranteed by the British government to the recipients, whether that's a local authority, an LEP, a university or a business.