Commons Sense

House of Commons · Ministers' Questions

Emergency Cash Grant Scheme

Tuesday 24 March 2020 · 1 question

Summarised by AI from the official record, so it can contain mistakes.

At a glance

Answered 1 Partly answered 0 Not answered 0

Key points

  • The emergency cash grant scheme provides cash grants of 10,000 to over 700,000 small and medium-sized businesses across England.
  • Grants of up to 25,000 per property are available for qualifying retail, hospitality, and leisure businesses in England.
  • The combined measures are estimated to benefit up to 1 million businesses in England.

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Questions & Answers

Context

The scheme was announced on 17 March 2020 to support small and medium-sized enterprises during the pandemic.

Question

What estimate has been made of the number of businesses in Kettering constituency, Northamptonshire, and England that will benefit from the emergency cash grant scheme?

Answer from Jesse Norman

We are providing cash grants of £10,000 to over 700,000 small and medium-sized businesses across England and grants of up to £25,000 per property for qualifying retail, hospitality and leisure businesses. We estimate that these combined measures will benefit up to 1 million businesses in England. Local authorities will deliver these grants over the coming weeks and consequently will have information about the number of firms that have benefited at a local level in due course.

Answered
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