Shared Prosperity Fund Debate
Full Debate: Read Full DebateAlbert Owen
Main Page: Albert Owen (Labour - Ynys Môn)Department Debates - View all Albert Owen's debates with the Ministry of Housing, Communities and Local Government
(5 years, 7 months ago)
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My hon. Friend rightly noted that in previous schemes that we have had in this country, assisted areas were pitted against one another. The European structural funds were just that—they were structural. They allowed us to invest in infrastructure, but also, importantly, in social projects. That dimension must not be lost.
My hon. Friend makes an important point, which I will address in just a moment.
If we remained in the European Union, research produced by the Conference of Peripheral Maritime Regions suggests that UK regions would receive €13 billion under the future EU cohesion programme.