Baroness Janke
Main Page: Baroness Janke (Liberal Democrat - Life peer)
To ask Her Majesty’s Government whether they plan to guarantee that councils will still receive the £5.3 billion in regeneration funding that they are currently allocated by the European Union.
My Lords, we recognise that local enterprise partnerships have been allocated a share of EU structural funds, and that is already funding projects. The people of the UK have voted to leave the EU. It would not be appropriate to commit, without due consideration, to continuing to spend money over a long period as though we had not voted to leave the EU. However, the Government remain committed to encouraging economic growth across the regions and nations of the UK, and are therefore carefully considering the use of these funds. They will make an announcement on EU funding in due course.
I thank the Minister for his response. What advice would he give to councils which are about to commit to contracts, and what is the Government’s position on the 2014-20 programme, given that this affects the poorest and most needy areas in the country? Will he give some assurances about the Government’s will to make these projects succeed?