Levelling Up Fund
(asked on 25th November 2020) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, with reference to the Spending Review 2020, what the timescale is for the £4 billion Levelling Up Fund.
This question was answered on 1st December 2020
The government is launching a new Levelling Up Fund worth £4bn for England, that will attract up to £800m for Scotland, Wales and Northern Ireland in the usual way. The Levelling Up Fund will invest in local infrastructure that has a visible impact on people and their communities and will support economic recovery. The SR makes available up to £600m in 2021-22. Further funding will be spread over subsequent years up to 24/25.