Capital Projects: Spending Decisions

Baroness Pinnock Excerpts

Monday 20th February 2023 Lords Chamber

[The Parliamentary Under-Secretary of State, Department for Levelling Up, Housing & Communities (Baroness Scott of Bybrook) (Con)]

No, we do not expect local authorities to fill the funding gap. There has been an issue—that of inflation—across many of the programmes. There is no additional funding, but we are working with local authorities to ensure that local priorities can still be delivered. Where requests for rescoping are submitted, we are looking to deal with those flexibly, provided that the changes are still likely to represent good value for money. We are also providing £6.5 million of support for local authorities. We will be evaluating, and those evaluations will be made public.

[Baroness Pinnock (LD)]

My Lords, I remind the House of my relevant interests. The highly respected and independent Institute for Government wrote last month that the levelling-up fund

“is another ineffective competitive funding pot that is neither large enough nor targeted enough to make a dent in regional inequalities.”

Does the Minister agree? If not, what is wrong with that statement?

[Baroness Scott of Bybrook (Con)]

No, I do not agree. I think that a £9.9 billion investment into levelling up shows a Government who are putting their money where their mouth is. They are delivering levelling up across the country and will do so in future. They have already done so with the future high streets fund, the towns fund, the UK shared prosperity fund—which is about to come out—and even small funds such as the community renewal fund. These are all delivering things for people in this country.