Question to the Department for Levelling Up, Housing & Communities:
To ask Her Majesty's Government what funding they will allocate annually to the UK Shared Prosperity Fund; and what proportion of such funding will be given to each of the devolved administrations.
The UK Shared Prosperity Fund (UKSPF) will help to level up and create opportunity across the UK for people and places.
Funding for the UKSPF will ramp up so that total domestic UK-wide funding will at least match receipts from EU structural funds. Its funding profile will be set out at the next Spending Review.
To help local areas prepare over 2021-22 for the introduction of the UKSPF, the Government will provide additional funding to support our communities to pilot programmes and new approaches. Further details will be published in the new year.