UK Shared Prosperity Fund

(asked on 10th November 2021) - View Source

Question

To ask Her Majesty's Government whether the UK Shared Prosperity Fund has (1) retained ring fenced funding for rural areas, and (2) matched previous EU funding before 2024–25; and, in each case, if not, why not.


Answered by
 Portrait
Lord Greenhalgh
Minister of State (Department for Levelling Up, Housing and Communities)
This question was answered on 24th November 2021

The UK Shared Prosperity Fund (UKSPF), worth over £2.6 billion, will help people access opportunity in places in need, such as ex-industrial areas, deprived towns and rural and coastal communities, and for people in disadvantaged groups across the UK. The funding announced at Spending Review 2021 meets the government's previous commitment to at least match receipts from EU structural funds. Further details about the UKSPF will be set out in due course.

Funding equivalent to European Agricultural Fund for Rural Development (EAFRD), including Liaison Entre Actions de Développement de l'Économie Rurale (LEADER) and Growth, has been provided as part of the domestic farm settlement that replaces UK participation in the EU Common Agricultural Policy. The farm settlement is being delivered by Defra in England, and the Devolved Administrations in Scotland, Wales and Northern Ireland.

This content was generated for your convenience by Parallel Parliament and does not form part of the official record.
Recent Documents related to UK Shared Prosperity Fund

1. Cardiff University - written evidence
25/06/2019 - Inquiry: Supporting regional investment and growth - Business, Energy and Industrial Strategy Committee
- View source

Found: ranked 5th for quality and 2nd for impact amongst UK universities in the 2014 Research Excellence Framework

2. County Durham Economic Partnership - written evidence
25/06/2019 - Inquiry: Supporting regional investment and growth - Business, Energy and Industrial Strategy Committee
- View source

Found: Durham Economic Partnership County Durham is a large rural area in North East England sitting between Tyne

3. Wales and the Shared Prosperity Fund
23/04/2020 - Inquiry: Wales and the Shared Prosperity Fund - Welsh Affairs Committee
- View source

Found: significant and diverse range of benefits to Wales via funding from European Structural Funds since 2000. Specific

4. Opposition day debate: Health and local public health cuts
13/05/2019 - Parliamentary Research

Found: for this debate. Contents 1. Background 2 1.1 Background on public health 2 1.2 Public health grant allocation

5. Wales and the Shared Prosperity Fund
05/05/2020 - Inquiry: Wales and the Shared Prosperity Fund - Welsh Affairs Committee
- View source

Found: responsibility for leading analysis of local and devolved government finance, and taxation in developing countries

Latest Documents
Recent Speeches related to UK Shared Prosperity Fund

1. Rules for Direct Payments to Farmers (Amendment) Regulations 2020
03/03/2020 - Grand Committee

1: the two instruments. These instruments amend retained EU law governing the direct payment schemes for - Speech Link

2. Draft Agriculture (Payments) (Amendment, etc) (EU Exit) Regulations 2020 Draft Common Organisation of the Markets in Agricultural Products (Producer Organisations and Wine) (Amendment etc.) (EU Exit) Regulations 2020
02/11/2020 - General Committees

1: must not be occupied. The usual convention of a Government side and an Opposition side is waived on this - Speech Link
2: 5 October, are closely related and apply to retained EU law relating to the common agricultural policy - Speech Link

3. Agriculture Bill
21/07/2020 - Lords Chamber

1: Microphones will be muted after each speech. I ask noble Lords to be patient if there are any short - Speech Link
2: of Nature report states that“15% of species in the UK are now threatened by extinction,”41% are in decline - Speech Link
3: Teverson, who is the illustrious chairman of our EU sub-committee. For the record, however, I would like - Speech Link

4. Levelling Up
18/03/2021 - Lords Chamber

1: Government’s agenda, and we are working with local areas to ensure that every region, every city and every - Speech Link
2: Economic differences remain between places across the UK, and those economic differences have real implications - Speech Link
3: economic impact of the pandemic. The levelling-up fund will invest in regenerating our town centres and - Speech Link

5. Shared Prosperity Fund
14/05/2019 - Westminster Hall

1: move,That this House has considered the UK shared prosperity fund.It is a pleasure to serve under your - Speech Link
2: despite the promise to consult on the shared prosperity fund by the end of last year, we still do not - Speech Link
3: my speech.I have seen at first hand what local areas can do when they come together to drive economic - Speech Link

Latest Speeches
Recent Questions related to UK Shared Prosperity Fund
1. UK Shared Prosperity Fund
asked by: Helen Hayes
19/11/2020
... what assessment his Department has made of the effect of a one year spending review on the proposed UK Shared Prosperity Fund; and what the timetable is for the Shared Prosperity Fund to open.

2. UK Shared Prosperity Fund
asked by: Stephen Farry
15/12/2020
... how the Shared Prosperity Fund will be allocated across the UK.

3. UK Shared Prosperity Fund
asked by: Stephen Kinnock
16/11/2020
...When he plans to publish details of the UK Shared Prosperity Fund.

4. UK Shared Prosperity Fund
asked by: Rachael Maskell
17/09/2020
... when he plans to publish the (a) criteria and (b) budget for the Shared Prosperity Fund.

5. UK Shared Prosperity Fund
asked by: Steve Reed
21/09/2020
... how much funding will be available through his Department's proposed Shared Prosperity Fund.

Latest Questions