House of Commons · Written Ministerial Statement
Contingency Fund
18 June 2020 · Department for Transport
Proposed by Grant Shapps Con Welwyn Hatfield
Summarised by AI from the official record, so it can contain mistakes.
At a glance
Key points
- Grant Shapps announced the Department for Transport has drawn 7 billion from the Contingencies Fund for COVID-19 transport initiatives
- The Minister seeks parliamentary approval for additional resources and capital
- Urgent expenditure will be met by repayable cash advances from the Contingencies Fund until the Supply and Appropriation Bill is approved
Issue summary
Grant Shapps is announcing that the Department for Transport has drawn £7 billion from the Contingencies Fund to support various COVID-19 transport initiatives.
Action requested
The Minister requests parliamentary approval for additional resources and capital, with urgent expenditure met by repayable cash advances from the Contingencies Fund until the Supply and Appropriation Bill is approved.
Key facts
- £7,000,000,000 drawn from the Contingencies Fund.
- Parliamentary approval sought for additional resources of £5,253,000,000 and capital of £603,000,000 and £1,144,000,000.
- Funding supports Emergency Measures Agreements with Train Operating Companies, the COVID-19 Bus Services Support Grant, ferry routes, and regional transport networks including Transport for London.
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Assessment & feedback
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