To ask the Secretary of State for Housing, Communities and Local Government, what the average amount of European Structural Investment Funding was per year for the period 2014-20; and what the projected average Shared Prosperity Fund funding will be per year.
The UK Partnership Agreement 2019 states that the total European Structural and Investment Funds allocated to the UK for the 2014-2020 programme was €16.4 billion. This includes €11 billion for the European Regional Development Fund (ERDF) and European Social Fund (ESF), which are known collectively as ‘Structural Funds’.
The UK Shared Prosperity Fund is the domestic successor to the EU Structural Fund programme. We will ramp up funding so that total domestic UK-wide funding will at least match EU receipts. Funding profiles will be confirmed at the next Spending Review.