UK Shared Prosperity Fund

Part of Levelling Up, Housing and Communities – in the House of Commons at 2:37 pm on 27th June 2022.

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Photo of Mick Whitley Mick Whitley Labour, Birkenhead 2:37 pm, 27th June 2022

This Government fought and won the last election with a commitment to ensuring that post-Brexit funding will, at a minimum, match European Union subsidies, but the shared prosperity fund allocated to the Liverpool city region is £10 million a year less than we previously received from the EU. Will the Secretary of State concede that this is the latest in a long line of broken Tory promises? And will he commit to reforming an out-of-date, inadequate and wholly arbitrary funding formula that has seen some of the most deprived communities in the country lose out on vital sources of funding?