As I have indicated already, in response to earlier questions, we will confirm the additional funding we will provide to Scotland, Wales and Northern Ireland to reflect this new funding for England.
The hon. Lady asks about the UK shared prosperity fund, which is separate from this; I want to stress that. We are committed to creating the new fund to reduce inequalities between communities across our four nations by raising productivity once we have left the EU. We will operate that across the United Kingdom. We have made a commitment that we will respect the devolution settlements in Scotland, Wales and Northern Ireland and we will engage with the devolved Administrations to ensure that the fund works for all places across our United Kingdom.
We will consult widely on the design of the UK shared prosperity fund. I recognise the importance of reassuring local areas on the future of local growth and we will also be consulting firmly with the devolved Administrations. We have repeated our commitment to respect the devolution settlement and we intend to commence discussions between Ministers of the UK Government and the Governments of the nations in advance of the consultation. The hon. Lady can have my assurance of that in relation to the UK shared prosperity fund. We are committed to do that.