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The Government has committed to creating the UK Shared Prosperity Fund as the successor to EU structural funds. The fund will bind together the whole of the United Kingdom, tackling inequality and deprivation in each of our four nations. The Government recognises the importance of reassuring local areas on the future of local growth funding now we have left the European Union, and of providing clarity on the UK Shared Prosperity Fund. Government officials have held 25 engagement events across the UK, attended by over 500 representatives from a breadth of sectors, which has helped inform progress on policy design. Government looks forward to continuing to work closely with partners as we develop the fund.