Source · National Audit Office

COVID-19 business grant schemes

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.

Published: 23 Mar 2023 Recommendations: 10 Type: Value for Money NAO confirmed: 10 Department: Department for Business & Trade
Dept: Department for Business & TradeDepartment for Business, Energy & Industrial StrategyHM TreasuryMinistry of Housing, Communities and Local Government Topics: Business and industryCOVID-19Grants and fundsLocal economyLocal governmentLocal services and housingMoney and tax nao.org.uk →

Recommendations

10 items
10 accepted 10 implemented

Recommendation 1

Addressee: Department for Business and Trade · Source location: Page 10, 18 and bullet 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.

Response position: Accepted

Delivery: Implemented · Q2 2025-26 · Confirmed by NAO

Recommendation 2

Addressee: Department for Business and Trade · Source location: Page 10, para 18, bullet 2

The plans should include: the responsibilities for assessing the level of economic risk, identifying potential solutions and taking action;

Response position: Accepted

Delivery: Implemented · Q4 2024-25 · Confirmed by NAO

Recommendation 3

Addressee: Department for Business and Trade · Source location: Page 10, para 18, bullet 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;

Response position: Accepted

Delivery: Implemented · Q4 2024-25 · Confirmed by NAO

Recommendation 4

Addressee: Department for Business and Trade · Source location: Page 10, para 18, bullet 4

The plans should include: the mechanisms for drawing upon local authority and departmental delivery expertise early in the design of the emergency support;

Response position: Accepted

Delivery: Implemented · Q4 2024-25 · Confirmed by NAO

Recommendation 5

Addressee: Department for Business and Trade · Source location: Page 10, para 18, bullet 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;

Response position: Accepted

Delivery: Implemented · Q4 2024-25 · Confirmed by NAO

Recommendation 6

Addressee: Department for Business and Trade · Source location: Page 10, para 18, bullet 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;

Response position: Accepted

Delivery: Implemented · Q4 2024-25 · Confirmed by NAO

Recommendation 7

Addressee: Department for Business and Trade · Source location: Page 11, para 18, bullet 7

The plans should include: consideration of what post-payment assurance processes may be needed and what can be done to streamline this; and

Response position: Accepted

Delivery: Implemented · Q4 2024-25 · Confirmed by NAO

Recommendation 8

Addressee: HM Treasury · Source location: Page 11, 19

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.

Response position: Accepted

Delivery: Implemented · Q2 2025-26 · Confirmed by NAO

Recommendation 9

Addressee: Department for Business and Trade · Source location: Page 11, para 18, bullet 8

The plans should include: an assessment of the level of resources required to introduce and then manage future schemes when drawing on these lessons.

Response position: Accepted

Delivery: Implemented · Q4 2024-25 · Confirmed by NAO

Recommendation 10

Addressee: Department for Business and Trade · Source location: Page 10, para 18, bullet 10

The plans should include: the type of leadership, capabilities and governance arrangements that need to be in place as the emergency response evolves

Response position: Accepted

Delivery: Implemented · Q4 2024-25 · Confirmed by NAO