UK Shared Prosperity Fund
(asked on 27th February 2026) - View Source
Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Housing, Communities and Local Government, how much under-spending was identified in the first two years of the Shared Prosperity Fund and was any of this under-spending used to support funding in the third year.
Answered by
Miatta Fahnbulleh
Parliamentary Under-Secretary (Housing, Communities and Local Government)
This question was answered on 9th March 2026
In the first two years of the UK Shared Prosperity Fund (UKSPF), covering the financial years 2022–23 and 2023–24, the total core UKSPF allocation was £762,669,654. Of this total allocation, £174,447,409 remained unspent at the end of 2023-24 and this amount was carried forward to support UKSPF delivery in 2024-25.