Question to the HM Treasury:
To ask Her Majesty's Government what steps they are taking to ensure the equitable distribution of schemes designed to support businesses during the COVID-19 pandemic.
The Government has provided £25 billion in cash grants for businesses. The Department for Business, Energy, and Industrial Strategy has been working closely with local authorities to ensure that these grants are delivered as swiftly as possible and directed towards the businesses that have been most impacted by the pandemic.
This includes the £5 billion of funding allocated at the March Budget for Restart Grants and the discretionary Additional Restrictions Grant fund.
Local authorities received their allocation for the new Restart Grants on 6th April, and we encourage local authorities to pay eligible businesses as soon as possible.
To access the Additional Restrictions Grant top-up, local authorities will have to spend their existing allocation by the end of June. Those which have already done so will receive their top-up payment in the coming weeks.