Arts Council England, Extension Awards over £1 million
19 December 2024
Insight Hub
17 December 2024
This subsidy is going to be used by CalMac to deliver the Clyde and Hebrides Ferry Services contract, consisting of over 30 ferry routes, between the neighbouring islands and mainland over a period of ten years. It has an estimated amount of £3.7 billion over this period and is a subsidy for a service of…
Read more27 November 2024
This report relates to a proposed subsidy of £299,745,750 in the form of a low-interest loan to Barking and Dagenham Reside Weavers (B&D Reside) over a term of 52 years, aiming to increase the affordable housing supply within the London Borough of Barking and Dagenham to overcome the market failure of under-provision and deliver associated…
Read more27 November 2024
This report relates to a proposed subsidy of £291,690,711 in the form of a low-interest rate loan to Barking and Dagenham Homes Limited (BDHL) over a term of 52 years, aiming to increase the affordable housing supply within the London Borough of Barking and Dagenham to overcome the market failure of under-provision and deliver associated…
Read more21 November 2024
This report relates to a proposed subsidy of up to £14.5 million given over 15 years in order to support the operation of 13 council owned health, leisure and wellbeing facilities in Sheffield from January 2025 to March 2040. Our key takeaways from the Subsidy Advice Unit (SAU) report are: The Council’s assessment is atypical…
Read more14 November 2024
This is a proposal to award a subsidy of £129 million to BioNTech UK Limited (BioNTech). This subsidy is intended to support BioNTech’s expansion in the UK, focusing on Research and Development (R&D) and Artificial Intelligence (AI), with the goal of enabling BioNTech to develop new treatments for cancer, serious diseases, and vaccines. Our key…
Read more13 November 2024
This report explores two distinct subsidy schemes with different market characteristics, one being a business model for Industrial Carbon Capture and the other a business model for Waste Industrial Carbon Capture. DESNZ, however, referred these together because they share the same enabling legislation, payment structure and both support the deployment of similar carbon capture technology….
Read more1 November 2024
The WG and MHCLG intend to establish Freeports in areas of economic disadvantage with unmet potential. The budget for this is estimated to be roughly £185 million provided by way of tax relief (totalling £135 million) and seed capital funding (totalling £50 million). Our key takeaways from the Subsidy Advice Unit (SAU) report are: That…
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