{"value":{"id":1276018,"memberId":4414,"member":null,"memberRole":"Minister for London and Parliamentary Under Secretary of State (Minister for Small Business, Consumers and Labour Markets)","uin":"HCWS703","dateMade":"2021-01-13T00:00:00","answeringBodyId":201,"answeringBodyName":"Department for Business, Energy and Industrial Strategy","title":"Contingencies Fund Advance","text":"<p>I hereby give notice that the Department for Business, Energy and Industrial Strategy will draw an advance from the contingencies fund totalling £5,023,479,000 to enable expenditure on Covid-19 support packages for business to be spent ahead of the passage of the Supply and Appropriation Act in March 2021. The funding will go towards the following schemes:</p><ul><li>Local Restrictions Support Grant (LRSG) (closed) – grants of up to £3,000 per four weeks for closed businesses;</li><li>The Closed Businesses Lockdown Payment - one-off grants worth up to £9,000 per business property</li><li>a £500m top up to the Additional Restrictions Grant (ARG) scheme in England.</li></ul><p> </p><p> </p><table><tbody><tr><td> </td><td><p>Local Restrictions Support Grant (closed) scheme</p></td><td><p>Closed Businesses Lockdown Payment</p></td><td><p>Additional Restrictions Grant scheme</p></td><td><p><strong>Total £m</strong></p></td></tr><tr><td><p><strong>RDEL</strong></p></td><td><p>1,508.1</p></td><td><p>3,015.4</p></td><td><p>500.0</p></td><td><p>5,023.5</p></td></tr></tbody></table><p> </p><p>Parliamentary approval for additional resources of £5,023,479,000 will be sought in a Supplementary Estimate for the Department for Business, Energy and Industrial Strategy. Pending that approval, urgent expenditure estimated at £5,023,479,000 will be met by repayable cash advances from the Contingencies Fund.</p><p>The cash advance will be repaid upon receiving Royal Assent on the Supply and Appropriation Bill.</p>","house":"Commons","noticeNumber":1,"hasAttachments":false,"hasLinkedStatements":true,"linkedStatements":[{"linkedStatementId":1276021,"linkType":"JointStatement","linkDate":"2021-01-13T00:00:00"}],"attachments":[]},"links":[{"rel":"self","href":"/Statements/1276018","method":"GET"}]}