Levelling Up Fund

Treasury written question – answered on 1st December 2020.

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Photo of Louise Haigh Louise Haigh Shadow Secretary of State for Northern Ireland

To ask the Chancellor of the Exchequer, with reference to the Spending Review 2020, what the timescale is for the £4 billion Levelling Up Fund.

Photo of Nia Griffith Nia Griffith Shadow Secretary of State for Wales

To ask the Chancellor of the Exchequer, with reference to Spending Review 2020, for how many years the £4 billion Levelling Up Fund will run; and what the projected average spend is per annum.

Photo of Kemi Badenoch Kemi Badenoch The Exchequer Secretary

The government is launching a new Levelling Up Fund worth £4bn for England, that will attract up to £800m for Scotland, Wales and Northern Ireland in the usual way. The Levelling Up Fund will invest in local infrastructure that has a visible impact on people and their communities and will support economic recovery. The SR makes available up to £600m in 2021-22. Further funding will be spread over subsequent years up to 24/25.

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