Subsidy Advice Report Tracker

This scheme will provide a 40% relief on English film studios’ business rates bill until 2034 (whilst also backdating amounts from 1 April 2024). It will be administered by local authorities who will apply the relief against business rates bills with around 40 eligible properties estimated and costs estimated to be £5m in the first…

This subsidy, worth £20.667 million, aims to help CODA (Operations) Limited fund the cost of operating the City of Derry Airport between 1 April 2025 – 31 March 2029. It is a shortfall payment to cover net operating costs and necessary capital investment expenditure. Our key takeaways from the Subsidy Advice Unit (SAU) report are:…

This subsidy is intended to be awarded in the form of a subsidised-interest loan to allow the airport to reopen and begin operations again following its closure in 2022. The total value of the loans will be £105.2m with £60.6m being for start up and other costs, and £44.6 to be for rent deferral costs…

This is a proposed grant of £55.28 million to be provided through Homes England’s Brownfield, Infrastructure and Land Fund (BIL).This money will be used for various ground and infrastructure works to help take forward a development project to create spaces for homes (a minimum of 2,350), offices, retail, leisure, hotels and green areas. Our key…

Tees Valley Combined Authority (TVCA) proposes to award a subsidy of £15 million to Jomast Development Limited (Jomast) for “The Hartlepool Waterfront Housing Scheme”, as part of a development project to redevelop brownfield sites around Hartlepool Marina. Our key takeaways from the Subsidy Advice Unity (SAU) report are: Assessments should consider framing market failure rationale…

This proposed scheme is a new Capital Investment Scheme to enable provision of subsidies to applicants in Scotland where the project meets certain conditions in the scheme and contribute towards its primary policy objective of productivity growth in Scotland through increased capital investment by businesses in Scotland. The scheme has a budget of up to…

This subsidy scheme provides top-up payments to certain applicants to the Contracts for Difference (CfD) scheme, which aims to help de-risk/accelerate the deployment of low carbon electricity generation, specifically fixed or floating offshore wind facilities, by addressing supply chain issues impacting the construction of projects. An initial scheme budget of £27 million per Gigawatt was…