Commons Sense

House of Commons · Written Ministerial Statement

Business Update

08 June 2020 · Department for Business, Energy and Industrial Strategy

Proposed by Alok Sharma Con Reading West

Economy

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

View on Parliament.uk

At a glance

Key points

  • The Secretary of State is seeking an advance of 5,673,000 from the Contingencies Fund.
  • The funds will be used to secure vaccine inventory for the Covid-19 vaccines programme.
  • The advance will be repaid upon receiving Royal Assent on the Supply and Appropriation Bill.

Issue summary

The statement is about seeking an advance from the contingencies fund to cover urgent expenditure for the Covid-19 vaccines programme.

Action requested

I am proposing to seek an advance of £5,673,000 from the Contingencies Fund to enable the Department for Business, Energy and Industrial Strategy to secure vaccine inventory ahead of parliamentary approval. The funds will be repaid upon receiving Royal Assent on the Supply and Appropriation Bill.

Key facts

  • An advance of £5,673,000 from the Contingencies Fund is requested.
  • The funding is urgently required for securing vaccine inventory.
  • The funds will be repaid upon receiving Royal Assent.
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