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.
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.