Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Housing, Communities and Local Government, if she will make an estimate of the potential cost to the public purse of UK Shared Prosperity Fund spending on (a) upskilling and (b) reskilling programmes; and what oversight and accountability mechanisms are in place to ensure these funds are effectively deployed.

The UK Shared Prosperity Fund (UKSPF) provides a total of £3.5 billion of funding, with all places in the UK receiving an allocation via a funding formula. Through the People and Skills investment priority, places can choose to fund projects that help reduce the barriers some people face to employment, and support them to move towards employment and education. Places can also target funding on skills to support employment and local growth, including upskilling and reskilling programmes. As of September 2024 £1.1 billion of UKSPF funding had been spent across the investment priorities, of that, over £268 million of funding had been used for People and Skills projects.

The UKSPF has a light-touch and flexible delivery model. In England, Scotland and Wales, lead local authorities determine how to allocate their UKSPF allocation in line with local circumstances and priorities. In Northern Ireland, MHCLG works with a Partnership Group of local partners to implement the fund. MHCLG receives progress reports from places on a six-monthly basis. Places are also required to publish information on UKSPF delivery and activities being funded in their area. MHCLG is also undertaking a programme evaluation to measure overall fund impact.