Shared Prosperity Fund
Debate between Lord Harlech and Lord Greenhalgh(2 years, 8 months ago)
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Lord Greenhalgh (Con)
My Lords, yet again, it is about looking at the detail that will be contained in the pre-launch guidance publication—which is, as I say, very imminent.
Lord Harlech (Con)
My Lords, of course the UK shared prosperity fund is very important, but can my noble friend tell the House what else Her Majesty’s Government are doing to level up Wales?
Lord Greenhalgh (Con)
My Lords, I am always reminded that on all sides of the House we have tremendous support for Wales, including on the Front Bench. My noble friend is right to probe, and in response I can say there is more than £18 billion through the Welsh block grant, £167 million in local growth funding, a share of the £2.6 billion shared prosperity fund, £900 million for Welsh farmers and a £130 million British business bank fund to support Wales’s small businesses. That is considerable investment to ensure that Wales prospers.