Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will commit to ensuring that the annual budget for the UK Shared Prosperity Fund is no less, in real terms, than the EU and UK funding streams it replaces.

The government has committed to establish the UK Shared Prosperity Fund after we have left the European Union and EU Structural Funds. As the Secretary of State for Housing set out in a written statement on 24 July 2018, details of the operation and priorities of the Fund will be announced following the Spending Review.