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UK Shared Prosperity Fund

Ministry of Housing, Communities and Local Government written question – answered on 4th February 2020.

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Photo of Emma Hardy Emma Hardy Labour, Kingston upon Hull West and Hessle

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.

Photo of Jake Berry Jake Berry Minister of State (Cabinet Office), Minister of State (Cabinet Office) (jointly with the Ministry of Housing, Communities and Local Government)

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.

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