Treasury written question – answered at on 3 July 2026.
Patrick Hurley
Labour, Southport
To ask the Chancellor of the exchequer, what assessment she has made of the adequacy of fiscal arrangements in supporting long-term regeneration in coastal communities.
Lucy Rigby
The Chief Secretary to the Treasury
The government is committed to working in partnership with the nation’s coastal and rural communities, including Southport, so that they can kickstart growth in their area and make everyone better off.
Many coastal communities sit within mayoral combined authorities - like the West of England CA, Liverpool City Region, and the North East MSA – and therefore benefit from an Integrated Settlement allowing more flexible, long-term funding to invest locally and plan strategically – including on infrastructure investment. Many areas have also received specific support; Southport, for example has received £5m to renovate the Town Hall Gardens and funding for the Regeneration of Southport Pier through the Growth Mission Fund.
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The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.
