LA grants leftover funds

We wanted to let you know that BEIS Secretary Alok Sharma sent the attached letter to local authority chief execs late last week, stating that the three grant schemes will be closed on 28th August. Any unspent funds will have to be returned to BEIS.

We’ve done a quick calculation of the latest figures for the Retail, Hospitality and Leisure Fund and Small Business Grant Fund:

 

Local authority

Initial Allocation

Number of  hereditaments that the local authority has identified may be in scope to receive a grant as at 19 July

Number of grant payments made  to hereditaments as at 19 July

Value of payments (£)

Percentage of identified hereditaments paid

Ealing

£68,212,000

5,440

5,440

£74,725,000

100%

Harrow

£42,216,000

2,606

2,606

£38,270,000

100%

Hillingdon

£45,756,000

3,035

3,035

£40,880,000

100%

Lewisham

£47,004,000

3,089

3,089

£39,050,000

100%

Newham

£58,660,000

3,907

3,907

£54,325,000

100%

Westminster City Council

£78,090,000

5,326

5,326

£94,540,000

100%

Havering

£40,532,000

2,751

2,750

£37,055,000

100%

Bexley

£36,438,000

2,734

2,730

£33,615,000

100%

City of London

£14,740,000

1,157

1,155

£18,045,000

100%

Merton

£29,318,000

2,091

2,084

£27,650,000

100%

Waltham Forest

£54,066,000

3,130

3,090

£42,225,000

99%

Tower Hamlets

£78,818,000

5,164

5,021

£73,205,000

97%

Sutton

£28,160,000

2,027

1,968

£25,335,000

97%

Haringey

£56,312,000

3,405

3,295

£48,520,000

97%

Enfield

£50,182,000

3,203

3,039

£43,335,000

95%

Richmond

£41,610,000

2,731

2,526

£41,190,000

92%

Redbridge

£49,612,000

3,335

3,045

£43,965,000

91%

Islington

£57,768,000

3,908

3,553

£58,165,000

91%

Croydon

£60,588,000

3,933

3,564

£48,120,000

91%

Lambeth

£57,500,000

4,304

3,885

£53,805,000

90%

Wandsworth

£58,192,000

3,825

3,452

£53,885,000

90%

Brent

£64,386,000

4,602

4,046

£59,660,000

88%

Bromley

£52,482,000

3,683

3,226

£46,345,000

88%

Greenwich

£36,852,000

3,045

2,656

£34,000,000

87%

Southwark

£70,062,000

4,953

4,286

£62,480,000

87%

Barking & Dagenham

£26,938,000

2,241

1,936

£24,895,000

86%

Hounslow

£36,520,000

2,811

2,403

£33,885,000

85%

Camden

£70,150,000

4,387

3,731

£70,760,000

85%

Hackney

£64,622,000

5,112

4,331

£63,695,000

85%

Barnet

£65,756,000

4,284

3,614

£57,875,000

84%

Kensington & Chelsea

£40,964,000

2,653

2,235

£42,075,000

84%

Hammersmith & Fulham

£49,208,000

3,131

2,596

£44,095,000

83%

Kingston upon Thames

£30,646,000

2,656

2,009

£28,925,000

76%

Totals for London

£1,662,360,000

114,659

105,629

£1,558,595,000

92%

92% of London businesses that were identified as potentially being eligible have received a grant, the same as the national figure.