Question to the Department for Levelling Up, Housing & Communities:

To ask Her Majesty's Government which EU funding streams were taken into account to inform their allocation of £1.5 billion a year to the UK Shared Prosperity Fund.

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, on average reaching around £1.5 billion per?year.?Its funding profile will be set out at the next Spending Review.

£1.5 billion is the average annual investment from EU Structural Funds (including ERDF, ESF and ETC) over the previous EU funding round.