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Advance from the Contingencies Fund

Statement made on 11 January 2021

Statement UIN HCWS691

Statement

The Cabinet Office has sought a repayable cash advance from the Contingencies Fund of £56,500,000.

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 £56,500,000 will be sought in the Supplementary Estimate for the Cabinet Office. Pending that approval, urgent expenditure estimated at £56,500,000 will be met by repayable cash advances from the Contingencies Fund.

Statement from

Cabinet Office