Stronger Towns Fund

Liz Saville Roberts Excerpts

Monday 4th March 2019 Commons Chamber

[James Brokenshire]

What I would say to my hon. Friend in relation to Lowestoft and the work of the coastal communities fund is that today’s announcement has two elements: the £1 billion—he references the £25 million notional allocation to the east of England—and the £600 million for competitive bids. Lowestoft should be positive, put in its submission and get the concept of its own town deal together, so we can pool resources, through the coastal communities fund, the future high streets fund and this fund, and it can have a bright, positive future.

[Liz Saville Roberts (Dwyfor Meirionnydd) (PC)]

We were promised that Wales would not lose a penny if we left the EU, but the grubby money offered to the UK’s most deprived areas is petty in comparison to the £2 billion Wales currently receives from the EU over the 2014-20 cycle. If this is the pork-barrel future of UK politics, Wales is better off out of it. Will this fund be Barnettised, or will the Secretary of State admit that this money is indeed all about need—not economic need or social inequality need, but the Prime Minister’s need to tout for votes for her deal?

[James Brokenshire]

We are looking to the UK shared prosperity fund to replace the European structural investment funds that the hon. Lady references. The Government have already guaranteed the full 2014-20 allocations, providing assurance to all parts of the UK in all scenarios. The UK shared prosperity fund will follow. As I indicated, we will confirm in due course the additional funding to be provided to Wales, Scotland and Northern Ireland to reflect the new funding for England.