Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what estimate his Department has made of the proportion of the National Productivity Investment Fund that is expected to be invested in coastal communities.

The government has established a National Productivity Investment Fund (NPIF) to provide £23bn of additional spending between 2017/18 and 2021/22. Every penny spent by the UK government is explicitly earmarked for areas that are critical to boosting productivity: economic infrastructure (transport and digital communications), Research and Development (R&D), and housing.

Further details about specifically how and where this money will be invested will be set out by the relevant departments and agencies in due course.

Where spending on measures within the NPIF does not extend to Scotland, Wales or Northern Ireland, the devolved administrations will receive funding through the Barnett formula in the usual way.