UK Shared Prosperity Fund

(asked on 16th December 2020) - View Source

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

To ask Her Majesty's Government what recent discussions they have had about the UK Shared Prosperity Fund with (1) the devolved administrations, and (2) local authorities.


Answered by
Lord Greenhalgh Portrait
Lord Greenhalgh
This question was answered on 31st December 2020

The UK Shared Prosperity Fund (UKSPF) will help to level up and create opportunity across the UK in places most in need such as ex-industrial areas, deprived towns and rural and coastal communities, and for people who face labour market barriers.

The Fund will operate UK-wide. We will continue to engage the devolved administrations and other key stakeholders as we develop the fund's investment framework and in advance of its publication.

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. We will work closely with stakeholders on how best to use this additional funding to prepare for the introduction of the UKSPF.

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