{"value":{"id":1272001,"memberId":4689,"member":null,"memberRole":"Minister of State","uin":"HLWS677","dateMade":"2020-12-17T00:00:00","answeringBodyId":14,"answeringBodyName":"Treasury","title":"Contingencies Fund advance","text":"<p>My honourable friend the Economic Secretary to the Treasury (John Glen) has today made the following Written Ministerial Statement</p><p>HM Treasury and the Chief Secretary to the Treasury have agreed additional Resource DEL funding of £40,500,000 for National Savings and Investments to respond to Covid-19 issues, build greater operational resilience and prepare for a major retendering event.</p><p>Parliamentary approval for additional resources of £40,500,000 will be sought in a Supplementary Estimate for National Savings and Investments. Pending that approval, urgent expenditure estimated at £40,500,000 will be met by repayable cash advances from the Contingencies Fund.</p>","house":"Lords","noticeNumber":0,"hasAttachments":false,"hasLinkedStatements":true,"linkedStatements":[{"linkedStatementId":1271970,"linkType":"JointStatement","linkDate":"2020-12-17T00:00:00"}],"attachments":[]},"links":[{"rel":"self","href":"/Statements/1272001","method":"GET"}]}