Small Businesses: Coronavirus

Department for Business, Energy and Industrial Strategy written question – answered on 22nd July 2020.

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Photo of Henry Smith Henry Smith Conservative, Crawley

To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 13 July 2020 to Question 68687, what formula was used to determine how much funding local authorities received from the Coronavirus Discretionary Grant Fund.

Photo of Paul Scully Paul Scully Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy), Minister of State (London)

Each of the 314 billing authorities currently involved in the delivery of the Small Business Grants Fund and Retail, Hospitality & Leisure Fund will receive a fixed minimum allocation for the Local Authority Discretionary Grant Fund as a 5% uplift of the value of its in-scope hereditaments as identified at 3 May 2020. Individual letters were issued to all 314 Local Authorities on 20 May 2020 with a detailed explanation of their allocation.

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