European Structural and Investment Funds and the European Agricultural Guarantee Fund Debate

Full Debate: Read Full Debate
Department: HM Treasury

European Structural and Investment Funds and the European Agricultural Guarantee Fund

Lord Kirkhope of Harrogate Excerpts
Tuesday 21st March 2023

(1 year, 8 months ago)

Lords Chamber
Read Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
Asked by
Lord Kirkhope of Harrogate Portrait Lord Kirkhope of Harrogate
- View Speech - Hansard - -

To ask His Majesty’s Government whether they have matched the funding previously provided by the European Union to the United Kingdom for the European Structural and Investment Funds and the European Agricultural Guarantee Fund in 2014–20; and if not, what is the extent of the shortfall.

Baroness Penn Portrait The Parliamentary Secretary, HM Treasury (Baroness Penn) (Con)
- View Speech - Hansard - - - Excerpts

The 2021 spending review announced the £2.6 billion UK shared prosperity fund, which improves on the European structural funds by empowering local places. The Government have also introduced farming and rural support worth a cumulative £3.7 billion annually over this Parliament and £33 million annually to support fisheries. This meets our 2019 manifesto commitments to maintain the levels of funding for farmers, fisheries and local economic growth in ways that are less bureaucratic and better targeted at local priorities.

Lord Kirkhope of Harrogate Portrait Lord Kirkhope of Harrogate (Con)
- View Speech - Hansard - -

I thank my noble friend for that partial reassurance, but I ask her to consider very carefully two elements. One is the farmers and members of agricultural communities, who are seeing an erosion of direct payments right now against a future sustainable farming incentive, and their deep concern to keep food production at a high level. The other is structural funding; many local authorities and regions in our country have had expectations for the new UK shared prosperity fund, but that is not coming in for some time. Can my noble friend give us further reassurances that these gaps will be filled?