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 Mike Amesbury Mike Amesbury Shadow Minister (Housing, Communities and Local Government) 2:37 pm, 27th June 2022

Despite a manifesto promise to

“at a minimum match the size” of the EU structural funds, the shared prosperity fund means £371 million less a year for English regions, as illustrated by hon. Members in the Chamber today. Of course, that cut comes at a time when the Conservative-led Local Government Association rightfully argues that the current council settlement falls £2 billion a year short of what is needed because of sky-high inflation. How does the Secretary of State plan to respond urgently to that plea?