Thursday 24th March 2022

(2 years, 8 months ago)

Lords Chamber
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Lord Greenhalgh Portrait Lord Greenhalgh (Con)
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Timing is everything and of course we are just at the point of announcing how we intend to approach the disbursement of funds through the UK shared prosperity fund. At that point, we will be able to give a very full answer to the noble Lord’s question.

Lord Wigley Portrait Lord Wigley (PC)
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My Lords, on that very point, I welcome the principle of distributing funds to counties and regions rather than by some spurious competitive bids, but what will be the parameters for deciding on allocations? Will there be a strategic approach? What will be the role and responsibility of the counties and what will be the mechanism for delivering regional co-operation? What will be the function of the Welsh Government in making this happen?

Lord Greenhalgh Portrait Lord Greenhalgh (Con)
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My Lords, yet again, it is about looking at the detail that will be contained in the pre-launch guidance publication—which is, as I say, very imminent.