To ask the Secretary of State for Housing, Communities and Local Government, what proportion of the shared prosperity fund will be allocated to (a) the North West and (b) Wirral.
28 January 2020
Following our departure from the European Union, the 2019 Conservative Manifesto has committed to creating a UK Shared Prosperity Fund, which binds together the whole of the United Kingdom, tackling inequality and deprivation in each of our four nations, and at a minimum match the size of European Structural Funds in each nation.
The Fund will invest in UK priorities and tackle inequalities between communities by raising productivity, especially in those parts of the UK whose economies are furthest behind.
However, the Government has been clear final decisions about the design of the Fund must take place after a cross-government Spending Review.