Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Housing, Communities and Local Government, what assessment he has made of the effect on economic productivity of the (a) Towns Fund and (b) Levelling Up Fund.

The £3.6 billion Towns Fund will drive the economic regeneration of towns to deliver long-term economic and productivity growth through land use, economic assets including cultural assets, skills and enterprise infrastructure, and connectivity. Full details of the intervention framework can be found in the Towns Fund Further Guidance. The Department will publish its Monitoring and Evaluation strategy in the Spring.

The £4.8 billion Levelling Up Fund will invest in infrastructure that improves everyday life across the UK, including regenerating town centres and high streets, upgrading local transport, and investing in cultural and heritage assets.