Shared Prosperity Fund
Debate between Albert Owen and Dan Jarvis(5 years, 7 months ago)
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Albert Owen (Ynys Môn) (Lab)
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.
Dan Jarvis
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.