FINANCE

£1bn COVID grant still to be paid out to businesses

More than £1bn of the 2021-22 COVID-19 Additional Relief Fund (CARF) had not been paid out by the end of June, the latest figures from the Department for Levelling Up, Housing and Communities (DLUHC) have shown.

More than £1bn of the 2021-22 COVID-19 Additional Relief Fund (CARF) had not been paid out by the end of June, the latest figures from the Department for Levelling Up, Housing and Communities (DLUHC) have shown.

According to the data, less than a third of the £1.5bn fund has been distributed.

Dan Peters

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