UK Shared Prosperity Fund

Debate between Lord Greenhalgh and Baroness Mallalieu

Thursday 21st May 2020 Lords Chamber

[Lord Greenhalgh]

The design of the fund will be made public at a later date. I know of the interest that there is in green issues, and of course they are a critical part of what the Government are seeking to do.

[Baroness Mallalieu (Lab)]

Given that the left-behind places, which the Government promised to help in the December general election, are likely to be the hardest hit in the current economic crisis, will the Minister assure us that the Government will have this fund ready for operation by 1 January 2021, when EU structural funds end?

[Lord Greenhalgh]

I refer the noble Baroness to my previous answer. I cannot make a specific commitment on the timing but we obviously realise that, with the pandemic, it is important to proceed as fast as possible.