Eighth Report - COVID 19: Culture Recovery Fund

Select Committee
Public Accounts Committee HC 340 23 June 2021
Report Status Government responded
Conclusions & Recommendations 27 items (10 recs)
Source View on Parliament website
Government Response (AI assessment · 26 of 27 classified)
Accepted 14
Accepted in Part 1
Acknowledged 1
Deferred 1
Not Addressed 3
Rejected 6
Government response
Treasury minutes: Government response to the Committee of Public Accounts on the Eighth report from Session 2021-22 · published 28 Oct 2021
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Recommendations & Conclusions

1 results
8 Conclusion Deferred
The Department wrote to us to explain that ACE was now responsible for managing £252...
Conclusion
The Department wrote to us to explain that ACE was now responsible for managing £252 million in loans.16 Although the take-up of loan funding was lower than the Department originally predicted, it forms part of the £92 billion total of … Read more
Government Response Summary
The government acknowledges the committee's point, stating that DCMS officials are working to establish the most appropriate long-term mechanism for managing the loan book and will provide further updates in December 2021.
HM Treasury
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