The UK government has recently published a 'technical notice' setting out how it will assist UK aid and development organisations if the UK leaves the EU with 'no deal'. British charities with existing EU grants seemed likely to be faced with a tough choice between terminating projects early or abruptly or financing the remainder of the programme themselves. However, the Government has now pledged to guarantee EU projects agreed before we leave the EU to ensure they continue to receive funding for the lifetime of the project. There is already considerable concern about proposed caveats to this pledge and it should not be seen as a blanket guarantee of funding. There will be separate technical notices on a range of funding programmes over the coming weeks and months.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.