The European Commission has approved a one-year extension, to 31 December 2011, of a temporary UK aid scheme. This scheme permits the grant aid of up to €500,000 for a business in financial difficulty as a consequence of the current economic crisis or due to the credit squeeze. The scheme, which was initially approved in February 2009, is compatible with the stricter conditions of the new Temporary Framework for businesses’ access to finance during the crisis, adopted in December 2010.