Lord Myners
Crossbench
To ask Her Majesty's Government whether they will announce details of the Shared Prosperity Fund arrangements for Cornwall before the end of the transition period for the UK's departure from the EU.
Lord Greenhalgh
Minister of State (Housing, Communities and Local Government), The Minister of State, Home Department
The UK Shared Prosperity Fund (UKSPF) will help to level up and create opportunity across the UK for people and places.
Funding for the UKSPF will ramp up so that total domestic UK-wide funding will at least match receipts from EU structural funds.
To help local areas prepare over 2021-22 for the introduction of the UKSPF, the Government will provide additional funding to support our communities to pilot programmes and new approaches. Further details will be published in the new year.
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