Question to the Ministry of Housing, Communities and Local Government:

To ask His Majesty's Government whether they plan to calculate UK Shared Prosperity Fund allocations from 2026 using a needs-based formula or a population-based formula.

The Government will set out its long-term vision for local growth beyond 2025-26 at the multi-year spending review in the Spring. This will end the approach of local authorities and MCAs being forced to compete against each other for growth funds; target funding where it is most needed; and empower local leaders to create jobs, improve wages and get Britain building.