Small Businesses: Coronavirus

(asked on 14th July 2020) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

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.


Answered by
Paul Scully Portrait
Paul Scully
This question was answered on 22nd July 2020

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.

Reticulating Splines