Levelling Up Fund

(asked on 26th November 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to Spending Review 2020, for how many years the £4 billion Levelling Up Fund will run; and what the projected average spend is per annum.


Answered by
Kemi Badenoch Portrait
Kemi Badenoch
President of the Board of Trade
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.

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