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To ask the Secretary of State for Housing, Communities and Local Government, what progress his Department has made on the development of the Shared Prosperity Fund; and if he will make a statement.
Now we have left the European Union, we will create the UK Shared Prosperity Fund, which will bind together the whole of the United Kingdom, tackling inequality and deprivation in each of our four nations.
The Government has been clear that final decisions about the design of the Fund must take place after a cross-government Spending Review. In the meantime, stakeholder views from across the UK have helped inform progress on policy design.