COVID-19 business support was the area that received the greatest spending by the UK Department for Business, Energy & Industrial Strategy. In its 2020 fiscal year, nearly 11 billion British pounds were directed towards offering aid to businesses suffering as a result of the coronavirus pandemic. Total spending amounted to 33.8 billion British pounds that year.
Total expenditure of the Department for Business, Energy & Industrial Strategy in the United Kingdom (UK) in FY 2020
(in million British pounds)
Characteristic
Expenditure in million British pounds
COVID-19 business support
10,976
Science and research
7,785
Nuclear Decommissioning Authority
6,751
Contracts for Difference
3,543
UK Research & Innovation (Innovate UK)
1,077
Renewable Heat Incentive
846
Redundancy payment service
431
International Climate Finance
339
Post Office
92
Coal Authority
58
Green Investment Bank and Green Infrastructure Platform
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UK Department for Business, Energy and Industrial Strategy. (September 30, 2020). Total expenditure of the Department for Business, Energy & Industrial Strategy in the United Kingdom (UK) in FY 2020 (in million British pounds) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/455674/uk-department-for-business-energy-industrial-stratey-expenditure/
UK Department for Business, Energy and Industrial Strategy. "Total expenditure of the Department for Business, Energy & Industrial Strategy in the United Kingdom (UK) in FY 2020 (in million British pounds)." Chart. September 30, 2020. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/455674/uk-department-for-business-energy-industrial-stratey-expenditure/
UK Department for Business, Energy and Industrial Strategy. (2020). Total expenditure of the Department for Business, Energy & Industrial Strategy in the United Kingdom (UK) in FY 2020 (in million British pounds). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/455674/uk-department-for-business-energy-industrial-stratey-expenditure/
UK Department for Business, Energy and Industrial Strategy. "Total Expenditure of The Department for Business, Energy & Industrial Strategy in The United Kingdom (Uk) in Fy 2020 (in Million British Pounds)." Statista, Statista Inc., 30 Sep 2020, https://www.statista.com/statistics/455674/uk-department-for-business-energy-industrial-stratey-expenditure/
UK Department for Business, Energy and Industrial Strategy, Total expenditure of the Department for Business, Energy & Industrial Strategy in the United Kingdom (UK) in FY 2020 (in million British pounds) Statista, https://www.statista.com/statistics/455674/uk-department-for-business-energy-industrial-stratey-expenditure/ (last visited December 30, 2024)
Total expenditure of the Department for Business, Energy & Industrial Strategy in the United Kingdom (UK) in FY 2020 (in million British pounds) [Graph], UK Department for Business, Energy and Industrial Strategy, September 30, 2020. [Online]. Available: https://www.statista.com/statistics/455674/uk-department-for-business-energy-industrial-stratey-expenditure/
