Economic Situation: Equality

(asked on 7th February 2023) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent fiscal steps he has taken to help tackle regional economic inequalities.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 7th February 2023

The Treasury remains committed to tackling this country’s geographical inequalities; the Chancellor recently outlined how spreading opportunity ‘everywhere’, including through devolution deals such as that recently announced with the North East, is crucial to long-term growth.

This Government has invested billions towards levelling up in this Parliament. Most recently, the Government announced the results of the £4.8 billion Levelling Up Fund’s second round, and rolled out the £2.6 billion UK Shared Prosperity Fund.

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