UK Shared Prosperity Fund

Ministry of Housing, Communities and Local Government written question – answered on 26th June 2019.

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Photo of Lord Porter of Spalding Lord Porter of Spalding Conservative

To ask Her Majesty's Government when they expect to issue guidance for local areas to give clarity on the details of the new UK Shared Prosperity Fund.

Photo of Lord Bourne of Aberystwyth Lord Bourne of Aberystwyth The Parliamentary Under-Secretary of State for Wales, Parliamentary Under-Secretary (Housing, Communities and Local Government)

The government recognises the importance of reassuring local areas on the future of local growth funding and providing clarity on the UK Shared Prosperity Fund. Therefore, we will consult widely on the Fund.

Decisions on the allocation and quantum of the Fund are due to be made following the Spending Review.

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