Source · National Audit Office
COVID-19 business grant schemes
Published: 23 Mar 2023
Recommendations: 10
Type: Value for Money
NAO confirmed: 10
Department: Department for Business & Trade
This report looks at BEIS’s oversight of the schemes, its understanding of what the schemes achieved, and how well it worked with local authorities.
Recommendations
| Rec | Recommendation | Addressee | Acceptance | Implementation |
|---|---|---|---|---|
| 1 |
HMT and DBT, working with local authorities, should by December 2023 draw up contingency plans to cover the provision of financial support to priority groups in the event of a future national emergency. The plans should draw upon the considerable experience gained by the departments and local authorities during
the pandemic.
Ref Page 10, 18 and bullet 1
· Implemented Q2 2025-26
|
Department for Business and Trade | Accepted | Implemented ✓ NAO |
| 10 |
The plans should include: the type of leadership, capabilities and governance arrangements that need to be in place as the emergency response evolves
Ref Page 10, para 18, bullet 10
· Implemented Q4 2024-25
|
Department for Business and Trade | Accepted | Implemented ✓ NAO |
| 2 |
The plans should include: the responsibilities for assessing the level of economic risk, identifying potential solutions and taking action;
Ref Page 10, para 18, bullet 2
· Implemented Q4 2024-25
|
Department for Business and Trade | Accepted | Implemented ✓ NAO |
| 3 |
The plans should include: the data sources and analysis that might be needed at speed to assess the risk, determine how support might be targeted and the quantum of support needed;
Ref Page 10, para 18, bullet 3
· Implemented Q4 2024-25
|
Department for Business and Trade | Accepted | Implemented ✓ NAO |
| 4 |
The plans should include: the mechanisms for drawing upon local authority and departmental delivery expertise early in the design of the emergency support;
Ref Page 10, para 18, bullet 4
· Implemented Q4 2024-25
|
Department for Business and Trade | Accepted | Implemented ✓ NAO |
| 5 |
The plans should include: the mechanisms for considering the trade-offs that may need to be made between targeting support and introducing administrative complexity;
Ref Page 10, para 18, bullet 5
· Implemented Q4 2024-25
|
Department for Business and Trade | Accepted | Implemented ✓ NAO |
| 6 |
The plans should include: the options available for maintaining adequate control over the disbursement of public money ? reducing the risk of error and fraud as far as practicable ? whilst acting at pace;
Ref Page 10, para 18, bullet 6
· Implemented Q4 2024-25
|
Department for Business and Trade | Accepted | Implemented ✓ NAO |
| 7 |
The plans should include: consideration of what post-payment assurance processes may be needed and what can be done to streamline this; and
Ref Page 11, para 18, bullet 7
· Implemented Q4 2024-25
|
Department for Business and Trade | Accepted | Implemented ✓ NAO |
| 8 |
HMT should, by September 2023, commission work to consider the impact of, and benefit secured from, the range of support to business provided through the COVID-19 pandemic to inform the development of future initiatives.
Ref Page 11, 19
· Implemented Q2 2025-26
|
HM Treasury | Accepted | Implemented ✓ NAO |
| 9 |
The plans should include: an assessment of the level of resources required to introduce and then manage future schemes when drawing on these lessons.
Ref Page 11, para 18, bullet 8
· Implemented Q4 2024-25
|
Department for Business and Trade | Accepted | Implemented ✓ NAO |