Written question asked by Gregory Campbell (Democratic Unionist Party) on Tuesday, 16 July 2019, in the House of Commons. It was due for an answer on Monday, 22 July 2019 (named day). It was answered by Elizabeth Truss (Conservative) on Monday, 22 July 2019 on behalf of the Treasury.

Roads: Northern Ireland

Question: To ask the Chancellor of the Exchequer, how much and what proportion of UK Guarantees Scheme guarantees issued to date have been allocated to road projects in Northern Ireland.

Answer: To date, no guarantees under the UK Guarantees Scheme have been issued to road projects in Northern Ireland. This information, alongside details of the UK Guarantees scheme, is publicly available here: https://www.gov.uk/guidance/uk-guarantees-scheme. The UK Guarantees Scheme was established in 2012, with a capacity of up to £40 billion, to support private investment in UK infrastructure projects. As the scheme is demand-led, it only operates where needed and guarantees are not allocated by region. So far, the UK Guarantees Scheme has issued £1.8 billion of guarantees, supporting over £4 billion worth of investment.

Secondary information