UK Shared Prosperity Fund

Part of Oral Answers to Questions — Wales – in the House of Commons on 3rd April 2019.

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Photo of Alun Cairns Alun Cairns The Secretary of State for Wales

The simple fact is that the shared prosperity fund does not exist because we are still part of the European Union and receiving that EU funding. There is clearly plenty of space for development, and we will be consulting shortly. In respect of the share of funds received by Wales, I would compare my record positively with that of the Labour Administration. Having underfunded Wales for 13 years, we now have a new, enhanced settlement that is focused on need.