UK Shared Prosperity Fund: Wales

Wales Office written question – answered on 19th November 2018.

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Photo of Jo Stevens Jo Stevens Labour, Cardiff Central

To ask the Secretary of State for Wales, whether there will be any reduction in support for the Welsh economy as a result of the transition from the European Regional Development Fund and European Structural Funds to the Shared Prosperity Fund.

Photo of Alun Cairns Alun Cairns The Secretary of State for Wales

Through the Industrial Strategy we are already delivering for Wales, from £36 million for the UK’s Active Building Centre in Swansea to the £120 million commitment for the North Wales Growth Deal. The UK Shared Prosperity Fund provides the UK with an enormous opportunity to redefine the way we invest our own money in line with the specific priorities that are unique to the people, communities and businesses across all nations of our Union.

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