Towns Fund

Chi Onwurah Excerpts

Wednesday 18th November 2020 Commons Chamber

[Robert Jenrick]

My hon. Friend makes a strong case for Burnley. As I say, we will bring forward that competitive phase early next year, and before the end of this year, I hope to be announcing the successful bidders for the future high streets fund, where we will be ensuring that up to £25 million of investment flows to dozens of communities across the country. It is another fund designed before covid, but it will be ever more important as we see the pressures wreaked on our high streets by the pandemic.

[Chi Onwurah (Newcastle upon Tyne Central) (Lab)]

It was really distressing to see such critical funding for our regions mired in political favouritism. What steps is the Secretary of State taking to ensure that the shared prosperity fund does not suffer the same fate? Will he confirm that the north-east will receive from the shared prosperity fund at least the £1 billion that it would have got from the European structural funds?

[Robert Jenrick]

As I have already said, a fair and robust procedure was used to determine the places, and many places adjacent to the hon. Lady’s constituency have benefited. I think of Blyth, for example—a community that needed investment. It saw very little of it under the last Labour Government and will now, I hope, be benefiting. She represents a great city. That was not the primary focus of the towns fund, as the name rather suggests.

With the UK shared prosperity fund, we will be ensuring that each of the nations of the United Kingdom receives the same funding as they did under the EU structural funds. We fundamentally believe that we can design better, more outcomes-focused funding streams than the European Union was ever able to do during our long years of membership. We will bring forward more details on that very soon.