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 (closed) scheme
Closed Businesses Lockdown Payment
Additional Restrictions Grant scheme
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.