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 which government departments will fund the UK Shared Prosperity Fund.


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. It will operate UK-wide.

The Spending Review recognised that many policy challenges require cooperation across multiple departments. The Government published its Heads of Terms for the UK Shared Prosperity Fund at Spending Review 2020 and 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.

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