Paul Scully
Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy), Minister of State (London)
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:
- Local Restrictions Support Grant (LRSG) (closed) – grants of up to £3,000 per four weeks for closed businesses;
- The Closed Businesses Lockdown Payment - one-off grants worth up to £9,000 per business property
- a £500m top up to the Additional Restrictions Grant (ARG) scheme in England.
Local Restrictions Support Grant (closed) scheme | Closed Businesses Lockdown Payment | Additional Restrictions Grant scheme | Total £m | |
RDEL | 1,508.1 | 3,015.4 | 500.0 | 5,023.5 |
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.
The cash advance will be repaid upon receiving Royal Assent on the Supply and Appropriation Bill.