(5 years, 8 months ago)
Lords ChamberI thank the noble Lord for the question. In relation to the first point, he will have heard me say that my right honourable friend the Secretary of State will be making an announcement about the position for Scotland, Wales and Northern Ireland, and clearly there will be a role for the devolved Administrations. In relation to his specific point about west Wales and the valleys, I represented a large part of that area in the National Assembly and know, as the noble Lord does, the importance of European funding to them, but as I have indicated, this is quite separate from the UK shared prosperity fund, which would encompass the spending that was directed to those areas in relation to that. That discussion is ongoing. I am sure that in due course an announcement will be made.
My Lords, we read in the Statement that the Secretary of State has looked at relative productivity, income and skills and ensured that localised economic conditions are taken into account. Given the many and complex factors underlying the issues that these towns face, could the Minister tell us how long this scheme has been in development? Could he confirm which local organisations, charities and expert bodies have been consulted in developing the scheme, and could he confirm that the What Works Centre for Local Economic Growth has also been drawn into the development of the scheme, to ensure that it truly meets the long-term needs of these towns?
My Lords, I thank the noble Baroness for that intervention. It is important to note first that the Secretary of State has indicated that there will be a prospectus giving details of not just the process for application, which will clearly be important to areas, towns and communities, but the thinking behind it and the way those aspects were considered and weighed. I think she will recognise from the figures that detailed work has been done. I appreciate that there is a breakdown behind those figures, but one can see that rough justice has been done there for the areas. We will look to communities to help develop the programme, and to set out the spending profile and how the fund operates. I am sure that will become clear once we see that prospectus when it is issued.