U.K. Overseas Territories at Risk of Losing Funding After Brexit
- Hurricane-lashed islands among those reliant on EU money
- Lords committee requests assurances from Brexit secretary
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U.K. Prime Minister Theresa May’s government has been asked to match the European Union funding that U.K. overseas territories -- some of them reeling this week from hurricane damage -- stand to lose after Brexit.
The House of Lords EU committee said that money from the European Development Fund accounted for 36 percent of Anguilla’s capital budget in 2016. The island has just been devastated by Hurricane Irma.