Coronavirus (COVID-19) business support measures: evaluation
This evaluation assesses the outputs and indicative outcomes of the COVID-19 business support measures available in Scotland up to summer 2021.
Footnotes
1. Summary available at Monthly economic brief: October 2020 - gov.scot (www.gov.scot) pp5-6
2. Sourced from Scottish Government, GDP Monthly Estimate Scotland: April 2021. Please note, these are designated as experimental official statistics, which means that they are still in development but have been release to enable their use at an early stage. These results are provisional and likely to be revised in the coming months as data sources and methods are further improved.
3. Summary available at Monthly economic brief: October 2020 - gov.scot (www.gov.scot) pp5-6
4. Summary available at Monthly economic brief: October 2020 - gov.scot (www.gov.scot) pp5-6
5. Employees who are furloughed will be classed as employed but temporarily away from work in the Labour Force Survey and also included in payrolled employee estimates from HMRC.
6. Annual Population Survey (APS), Jan-Dec 2020.
7. This question on cash reserves was not included in Wave 34 of the Business Insights and Conditions Survey, therefore Wave 33 is the most recent data available.
8. UK Insolvency Service: Monthly Corporate Insolvency Statistics: April 2021.
9. Data for Scotland is not available.
10. Data is for businesses with 10+ employees with a presence in Scotland that had not permanently stopped trading at the time of the survey.
11. Not all questions are covered in all BICS waves and the survey questionnaire has evolved over time.
12. Data for 'schemes applied' is not available for Wave 31 of BICS. The latest available data for is from Wave 16.
13. Businesses with a presence in Scotland may have applied to either or both grants supplied by the Scottish or UK Governments, if they also have a presence in England (only businesses with a presence in England can apply for UK Government grant support).
14. Percentages do not sum to 100 as businesses could have applied for more than one scheme.
15. Reliable data is not available for the 'Mining and Quarrying' and 'Other Service Activities' sectors.
16. BICS data for large businesses for the Pivotal Enterprise Resilience Fund is not available.
17. All data as at 31 May 2021 except from spend and cumulative total (14 June 2021).
18. Data as at 14 June 2021.
19. Data as at 6 June 2021.
20. Data as at 10 January 2021.
21. Data for CLBILS as at 31 May 2021.
22. Data as at 21 March 2021.
23. Data as at 30 June 2021.
24. Final data. Claims received by 30th September 2020.
25. Comprises Small Business Grant and Retail, Hospitality and Leisure Grant. Final data. The number of grants awarded does not equate to the number of businesses supported as businesses with multiple eligible properties could apply for multiple grants.
26. It should be noted that the award rate may be skewed by a number of factors including: instances where an ineligible applicant has applied and was rejected; where a fraudulent application was detected; and where multiple duplicate applications had been submitted.
27. Data as at 25th June 2021.
28. Data as at 1st July 2020.
29. Data as at 25th June 2021.
30. Data as at 25 June 2021.
31. Data as at 25 June 2021.
32. As above.
33. Final data. Scheme now closed.
34. Final data as at 4 August 2020. Scheme now closed.
35. 'Valid applications' excludes duplicates, entries created but never submitted and withdrawn applications.
36. Final data as at 4 August 2020. Scheme now closed.
37. As a proportion of total registered enterprises in Scotland in 2019, Glasgow accounted for 11%, Edinburgh for 11% and Highland for 6%. Source: Scottish Government, Businesses in Scotland 2019
38. Data as at 25 June 2021.
39. As above.
40. Data as at 25 June 2021.
41. Final data.
42. Data as at 25 June 2021.
43. As above.
44. As above.
45. As above.
46. As above.
47. Data as at 25 June 2021.
48. As above.
49. As above.
50. As above.
51. As above.
52. As above.
53. As above.
54. As above.
55. Final data.
56. Data represent final figures. Schemes now closed.
57. The model does not take all the support schemes into account. It currently incorporates the following schemes: Job Retention Scheme; and Non-domestic Rates Relief.
58. Source: BICS Wave 34.
59. Source: HMRC, Coronavirus Job Retention Scheme Statistics April 2021.
60. The Financial Times - August 2021 - Defaults on UK's emergency Covid loans set to be up to £5bn.
61. Coronavirus (COVID-19): marine sectors - business survey - gov.scot (www.gov.scot)
62. Scottish Chambers of Commerce QEI Survey, Q4 2020.
63. Coronavirus Insights Survey January 2021 (visitscotland.org)
64. Note that the Scottish Government created the Mobile and Home Based Close Contact Services Fund to partly address this gap in support, however it is still mentioned here following the feedback from business representative organisations.
65. ONS Retail Sales Index, UK
66. Business Insights and Conditions Survey (BICS) UK – Wave 9 (29th June to 12th July 2020)
67. Source: FSB State of Small Businesses April 2021
68. Data as at 14th June 2021.
69. Data as of 9 May 2021.
70. Data as at 10 January 2021 for Scotland data and 31 May 2021 for UK as a whole.
71. Data on the number of applications from Scottish firms is not available.
72. Data as at 10 January 2021.
73. Data as at 10 January 2021.
74. Data as at 21 March 2021.
75. The latest available figures from the British Business Bank's Small Business Finance Markets 2021 show that for 2020, Scotland received 3% of equity deals in the UK by value and 12% by number of deals. London accounts for a highly concentrated 47% of all deals and 68% of investment value. The report highlights that Scotland's share of investment was proportionate to its share of high growth firms (a proxy for those firms likely to rely most on equity finance).
76. Data as at 30 June 2021.
77. Final data for claims in businesses with 25 or fewer participating outlets (businesses with 25+ outlets were not required to provide individual locations of these outlets). This accounts for roughly 23% of the total number of outlets that participated in the scheme in the UK.
78. Finalised data.
79. [1] It should be noted that the award rate may be skewed by a number of factors including: instances where an ineligible applicant has applied and was rejected; where a fraudulent application was detected; and where multiple duplicate applications had been submitted.
80. Data as at 25 June 2020.
81. *The budgets for Na h-Eileanan Siar, Orkney and Shetland are indicative of level 4 restrictions, however the regions have typically had lower levels of restrictions and also make payments under the IEP schemes meaning the budget percentages for these regions may not reflect the situation fully.
82. *East Ayrshire, North Ayrshire, The Shetland Isles and Stirling have revised the spend between the closure and restrictions grants as part of the reconciliation process.
83. Data as at 25 June 2021.
84. *Orkney was at too early a stage in the schemes administration to be able to return statistics. Glasgow City paid an additional £769,075 to 2018 premises that is not included in this table. This was part of a supplementary top-up since Glasgow remained in protection level 3.
85. Na h-Eileanan Siar, Orkney, and Shetland did not receive this funding and were instead paid under the Island Equivalent Payment top up.
86. Final data.
87. Final data.
88. Valid applications exclude duplicates, entries created but never submitted and withdrawn applications.
89. Valid, eligible applications exclude duplicates, entries created but never submitted and withdrawn applications as well as those applications failing the bank check and those that did not provide sufficient information or failing on basic eligibility. This figure for valid applications is for data as at August 2020 when one grant had not been finalised.
90. Data by business size is at 4th August 2020 when one grant had not been finalised.
91. Final data as at 4 August 2020.
92. Valid applications exclude duplicates, entries created but never submitted and withdrawn applications.
93. Valid, eligible applications exclude duplicates, entries created but never submitted and withdrawn applications as well as those applications failing the bank check and those that did not provide sufficient information or failing on basic eligibility.
94. A second round announced June 2021 [Taxi and Private Hire Driver and Operators Fund] is not included in this evaluation as it was open for applications when the scope was determined.
95. Final data.
96. Data as at 22 April 2021.
97. Data as at 25 June 2021.
98. Data as at 25 June 2021.
99. Data as at 25 June 2021.
100. As above.
101. Data as at 25 June 2021.
102. Data as at 25 June 2021.
103. Data as at 25 June 2021.
104. Data as at 25 June 2021.
105. Data as at 25 June 2021.
106. Data as at 25 June 2021.
107. Data as at 25 June 2021.
108. Data as at 25 June 2021.
109. Data represent final figures. Scheme now closed.
110. Data for phase 1 of funding 27 March – 2 April 2020 and phase 2 20 April – 25 April of the Creative Scotland Bridging Bursary. The Screen Scotland Bridging bursary data covers 30 March – 20 May.
Contact
Email: caroline.macfarlane@gov.scot
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