UK Shared Prosperity Fund: Northern Ireland
(asked on 25th January 2022) - View Source
Question to the Department for Levelling Up, Housing & Communities:
To ask the Secretary of State for Levelling Up, Housing and Communities, how much funding from the Shared Prosperity Fund will be allocated to Northern Ireland in 2022-23.
This question was answered on 28th January 2022
UK-wide funding for the UK Shared Prosperity Fund will ramp up to at least match receipts from EU structural funds, which on average reached around £1.5 billion per year. Spending Review 2021 fulfils this commitment, with the announcement of over £2.6 billion for the UKSPF over the next three years, with funding reaching £1.5 billion in 2024-25.
The Government will publish further details on the Fund in due course.