PARLIAMENTARY WRITTEN QUESTION
UK Shared Prosperity Fund (30 July 2024)

To ask the Secretary of State for Housing, Communities and Local Government, if she will take steps to ensure the UK Shared Prosperity Fund allocations are protected from future budget cuts.

Asked by:
Manuela Perteghella (Liberal Democrat)

The Government is committed to delivering economic growth across the country and is considering how to best fund long-term local funding in line with wider fiscal and economic priorities. We will begin setting these plans out Autumn Budget in October and at the Spending Review this spring.

We appreciate that those delivering UKSPF have an understandable desire for certainty about its future. We are giving full consideration to this matter, including the hard work undertaken on projects to date. We will continue to work closely with our key stakeholders and will utilise their feedback as we determine our approach going forward.

Decisions regarding funding beyond March 2025 are a matter for the next fiscal event.

Answered by:
Alex Norris (Labour)
4 September 2024