Prosperity Fund

Cabinet Office written question – answered on 10th January 2018.

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Photo of Jon Trickett Jon Trickett Shadow Minister (Cabinet Office), Shadow Lord President of the Council

To ask the Minister for the Cabinet Office, what the average cost has been of each project organised through the Government's Prosperity Fund since that fund was established.

Photo of David Lidington David Lidington Chancellor of the Duchy of Lancaster, Minister of State (Cabinet Office)

For projects delivered in financial year 2016-17, the average spend was approximately £111,000. The Prosperity Fund’s recent Annual Report provides more detail on the first year of projects and how multi-year programmes are being established.

The report can be found at https://www.gov.uk/government/publications/prosperity-fund-annual-report-2016-to-2017

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