UK Shared Prosperity Fund:Written question - 72931

Q
Asked by Steve Reed
(Croydon North)
[N]
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'Named day' questions only occur in the House of Commons. The MP tabling the question specifies the date on which they should receive an answer. MPs may not table more than five named day questions on a single day.

Asked on: 13 July 2020
Ministry of Housing, Communities and Local Government
UK Shared Prosperity Fund
Commons
To ask the Secretary of State for Housing, Communities and Local Government, whether the UK Shared Prosperity Fund will operational by the end of the transition period.
A
Answered by: Mr Simon Clarke
Answered on: 16 July 2020
Holding answer received on 16 July 2020

The Government remains committed to creating the UK Shared Prosperity Fund to succeed European structural funds and provide vital investment in local economies. The fund will bind together the whole of the United Kingdom, tackling inequality and deprivation in each of our four nations.

We recognise the importance of this funding to local places. Through the UK Shared Prosperity Fund we have a real opportunity to design a fund that is driven by our domestic priorities. Final decisions on the design of the fund will be taken after a cross-government Spending Review.

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