Commons Sense

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Contingency Fund

18 June 2020

Proposing MP
Grant Shapps Con
Welwyn Hatfield
Type
Written Ministerial Statement
Department
Department for Transport
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At a Glance

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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