Question to the Department for Levelling Up, Housing & Communities:
To ask the Secretary of State for Housing, Communities and Local Government, whether the Falkland Islands will be eligible for funding from the Shared Prosperity Fund.
The UK Shared Prosperity Fund is a 2017 manifesto commitment of this Government, to succeed European Structural Funding across the UK, following our departure from the European Union.
The UK Government recognises the importance of European Structural Funding programmes for the UK and its Overseas Territories and, given that Gibraltar has received this investment, the UK Government has an opportunity to consider whether the UK Shared Prosperity Fund could be a suitable programme to succeed European investment in Gibraltar.
As the Falkland Islands are not a recipient of European Structural Funds, the Falkland Islands are not in scope for the UK Shared Prosperity Fund. The UK Government is, however, considering several funding options for the Overseas Territories, following the UK’s departure from the European Union.
Further details will be announced as part of the comprehensive Spending Review.