Contingencies Fund Advance Debate

Full Debate: Read Full Debate
Department: Cabinet Office
Thursday 28th January 2021

(3 years, 3 months ago)

Written Statements
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Michael Gove Portrait The Chancellor of the Duchy of Lancaster and Minister for the Cabinet Office (Michael Gove)
- Hansard - -

The Cabinet Office has sought a repayable cash advance from the Contingencies Fund of £429,000,000.

The requirement has arisen due to increased costs relating to urgent expenditure, including that relating to the covid-19 response.

Parliamentary approval for additional resources of £429,000,000 will be sought in the supplementary estimate for the Cabinet Office. Pending that approval, urgent expenditure estimated at £429,000,000 will be met by repayable cash advances from the Contingencies Fund.

[HCWS744]