Shared Prosperity Fund

Part of Wales – in the House of Commons at on 16 December 2020.

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Photo of Nia Griffith Nia Griffith Shadow Secretary of State for Wales

As well as providing no certainty on the trading arrangements in just three weeks’ time, the Government have also ducked and dived on questions about the funding that Wales will receive in future years. Despite the Tory promise that Wales will not lose a single penny, the actual figures tell a different story. Wales alone was due some £350 million of new money for projects next year, but the Treasury is providing only £220 million for the whole UK. With Wales losing not just pennies but millions of pounds, how can the Government say they have kept their promise?