{"value":{"id":1190334,"memberId":4113,"member":null,"memberRole":"Parliamentary Under Secretary of State (Minister for Business and Industry)","uin":"HCWS197","dateMade":"2020-04-27T00:00:00","answeringBodyId":201,"answeringBodyName":"Department for Business, Energy and Industrial Strategy","title":"Contingencies Fund Advance ","text":"<p>I hereby give notice of the Department for Business, Energy and Industrial Strategy having drawn advances from the contingencies fund totalling £12,409,000,000 to enable expenditure on Covid-19 support packages for business to be spent ahead of the passage of the Supply and Appropriation Act. The schemes are:</p><p>Small Business Grant Scheme</p><p>Grant scheme for retail, hospitality, and leisure sectors.</p><p> </p><table><tbody><tr><td> </td><td><p><strong>Small Business Grant Scheme</strong></p></td><td><p><strong>Grant scheme for retail, hospitality, leisure sectors</strong></p></td><td><p><strong>Total £m</strong></p></td></tr><tr><td><p><strong>RDEL </strong></p></td><td><p>7,330</p></td><td><p>5,079</p></td><td><p>12,409</p></td></tr></tbody></table><p> </p><p>The funding is urgently required to support businesses during the Coronavirus pandemic, and to enable local authorities to administer the scheme.</p><p>Parliamentary approval for additional resources of £12,409,000,000 will be sought in a Main Estimate for the Department for Business, Energy and Industrial Strategy. Pending that approval, urgent expenditure estimated at £12,409,000,000 has been met by repayable cash advances from the Contingencies Fund.</p><p> </p><p>The cash advances will be repaid upon receiving Royal Assent on the Supply and Appropriation Bill.</p>","house":"Commons","noticeNumber":2,"hasAttachments":false,"hasLinkedStatements":false,"linkedStatements":null,"attachments":[]},"links":[{"rel":"self","href":"/Statements/1190334","method":"GET"}]}