UK Shared Prosperity Fund: Scotland

Scotland Office written question – answered at on 8 February 2022.

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Photo of Stuart Anderson Stuart Anderson Conservative, Wolverhampton South West

To ask the Secretary of State for Scotland, what steps his Department is taking to help ensure that Scotland receives an equitable share of funding allocated through the UK Shared Prosperity Fund following the UK's departure from the EU.

Photo of Alister Jack Alister Jack The Secretary of State for Scotland

The UK Shared Prosperity Fund provides £2.6 billion of new funding for local investment by March 2025, with all areas of the UK receiving an allocation from the Fund via a funding formula, rather than a competition.

This fund will target communities, people and skills, and local businesses - maintaining commitments to match EU funds in Scotland.

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