Department for International Trade (DIT)
Table 2.18: Department for International Trade
|
£ billion
|
|
2019-20
|
2020-21
|
RDEL excluding
depreciation
|
0.5
|
0.5
|
The Department for International Trade settlement includes:
-
an increase of 2.3% in real terms to the department’s
resource budget from 2019-20 to 2020-21;
-
additional funding to deliver an ambitious Free Trade
Agreement programme;
-
funding for the new trade policy framework as
the UK leaves
the EU;
-
funding for the DIT overseas
network, regional and sector teams and programme of
activities to support UK businesses around the world,
break down barriers to trade and strengthen
the UK’s leading
position as a destination for inward investment;
-
continued funding for the DIT-led
cross-government GREAT Britain campaign, promoting a truly
Global Britain;
-
ongoing investment in priority international trade capital
projects including to support work to agree free trade
agreements and establish an independent trade policy; and
-
overall, increases that will take spending to more than 52%
over planned spending when the department was created in 2016
and allow the number of staff to increase by 49% and rising.