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Regional Planning and Development: Finance

Question for Treasury

UIN 156630, tabled on 22 February 2021

To ask the Chancellor of the Exchequer, when he plans to announce details of how MPs can apply for up to £20 million under his proposed levelling up plan.

Answered on

25 February 2021

The £4 billion Levelling Up Fund announced at the Spending Review is being extended to directly support communities in all regions and nations of the UK. The £4 billion Fund announced at the Spending Review will now be made £4.8 billion to operate UK-wide. The Fund will invest at least £800m in Scotland, Wales and Northern Ireland. The Fund will be allocated competitively and be open to all local areas across the UK to boost growth and spread opportunity. Further details on how the Fund will operate will be published in the prospectus shortly – including who can bid, the types of projects eligible for funding, and the criteria for assessing proposals.

Answered by

Treasury
Named day
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