Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Levelling Up, Housing and Communities, whether the calculation for the average value of EU structural fund receipts to the UK of around £1.5 billion per year includes the value of Interreg receipts to UK beneficiaries.

UK-wide, funding for the UKSPF will ramp up to £1.5 billion per year by March 2025. Alongside commitments to support regional finance funds across the UK via the British Business Bank, this upholds the UK government’s commitment to match EU structural fund receipts for each nation.

UKSPF will not directly replace European Territorial Cooperation programmes. Each place has a range of economic and societal relationships with other places across the UK, including their neighbours and places with common needs and opportunities. Collaboration with other places across the UK will be welcomed in the delivery of the Fund where it meets the needs of their place and achieves value for money or better outcomes for the people or businesses the Fund will benefit.