25
How the impact of Covid-19 will influence decisions about how the Department allocates the Towns...
Conclusion
How the impact of Covid-19 will influence decisions about how the Department allocates the Towns Fund is unclear. Whether towns that have been adversely affected by Covid-19 will have a greater likelihood of selection, or whether events may mean that some of the plans set out in winning bids are now less of a priority, is still to be determined. The Department told us that it will help towns to meet the challenges of Covid-19 by giving towns with exceptionally good and well-evidenced plans more than £25 million, the original maximum funding limit, and that towns that have been more adversely affected by Covid-19 may have a greater likelihood of securing funding.50
Government Response
A response document is linked to this report, dated 4 February 2021. Response attribution to this conclusion has not been verified. Read the response document.
Source
Committee
Public Accounts Committee
Report
Twenty-Fourth Report - Selecting towns for the Towns Fund
11 Nov 2020
HC 651
Addressee Bodies
HM Treasury
Timeline
Recommendation age
5.8 yrs
Report published
11 Nov 2020