Shared Prosperity Fund

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

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Photo of David Davies David Davies The Parliamentary Under-Secretary of State for Wales, Assistant Whip

We have already made the commitment that the amount of money will match everything that came from Europe. Previously, the European Union held the strings and controlled how the money was spent; now, it will be the UK Government working in partnership with local authorities and the Welsh Government to ensure that the money is spent wisely.