Quarter of a trillion set aside for emergency spending by government departments over coronavirus crisis

Minister says cash fund needed to tide departments over, as parliament’s return after Easter may be delayed

“But parliament has wisely limited the amount that can be issued from the fund to 2 per cent of the previous year’s cash spend. For 2020/21, that amounts to some £10.6 billion, which would be more than adequate in a normal year.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

The Independent /  🏆 80. in UK

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Coronavirus updates: Boris Johnson faces Parliament on UK response - BBC NewsAbout a quarter of the world’s 7.8bn people are living under restrictions to curb coronavirus.
Read more »

National living wage increase should be delayed, says IFSThinktank feels such a move would prevent workers being laid off in coronavirus crisis
Read more »

Almost 500,000 people in UK apply for universal credit in nine daysDWP redeploys staff to deal with ‘unprecedented’ numbers of people seeking benefit amid coronavirus crisis
Read more »

170,000 people sign up as NHS volunteers in 15 hoursNHS nearing target of 250,000 volunteers to help vulnerable during coronavirus crisis
Read more »

Spanish hotels fear tourists will take a long time to returnHoteliers and restaurant owners say coronavirus is biggest crisis since second world war
Read more »