North of England: Investment

Lord Curry of Kirkharle Excerpts
Tuesday 23rd February 2021

(3 years, 1 month ago)

Lords Chamber
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Lord Greenhalgh Portrait Lord Greenhalgh (Con)
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My noble friend is right that we need to look at the emerging economy and encouraging fintech clusters so that we get more high-skilled jobs located in the north. That is why the Chancellor’s decision to locate the national infrastructure bank in the north is also helpful in this regard.

Lord Curry of Kirkharle Portrait Lord Curry of Kirkharle (CB) [V]
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My Lords, my interests are as recorded in the register. In the north, we have a double challenge. We need not only north/south levelling-up but rural/urban levelling-up. Can the Minister confirm how soon the Government will announce details of the shared prosperity fund and whether there will be a dedicated rural element to it?

Lord Greenhalgh Portrait Lord Greenhalgh (Con)
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I am not in a position to announce further details on the UK shared prosperity fund.