UK Shared Prosperity Fund
(asked on 2nd March 2023) - View Source
Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Levelling Up, Housing and Communities, whether his Department plans to (a) review and (b) recalculate funding formulas for the UK Shared Prosperity Fund before the next funding round.
This question was answered on 7th March 2023
The UK Shared Prosperity Fund is a three year fund, meaning the current round will conclude in 2024/25 in line with the Spending Review period. Accordingly, local authorities have already been given allocations for the three years of the fund, up until March 2025.
Funding for funds and programmes beyond 2025 is a matter for the 2024 Spending Review.