Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, whether he plans to provide funding for economic development in Sheffield when (a) local growth and (b) EU funding ends.

The government has guaranteed funding for all European Structural and Investment Fund projects signed before the UK leaves the European Union, provided they are value for money and in line with domestic priorities. Following the UK’s departure from the European Union, we will launch the UK Shared Prosperity Fund; this will use money returning from the EU to provide funding for economic development and local growth across the UK.