Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, whether he has plans to ring-fence funding allocated from National Productivity Investment Fund to the devolved administrations.

The National Productivity Investment Fund (NPIF) was established to provide £31 billion of additional capital spending to areas critical for improving productivity – transport, digital infrastructure, housing and R&D. Where responsibility for these policy areas sits with the devolved administrations, such as housing and roads, they have received increases in their capital budgets as a result of the application of the Barnett formula to changes in spending in England. The devolved administrations have full control over how they allocate this funding.

The UK Government is also investing UK-wide in sectors where it has responsibility, including research and development funding, and investment in digital infrastructure.