EU Grants and Loans and UK Shared Prosperity Fund

(asked on 24th June 2022) - View Source

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

To ask the Secretary of State for Levelling Up, Housing and Communities, what comparative assessment he has made of the amount of funding allocated to communities under the Shared Prosperity Fund and the preceding EU structural funds.


Answered by
Neil O'Brien Portrait
Neil O'Brien
This question was answered on 4th July 2022

The UK Shared Prosperity Fund (UKSPF) is a successor to some EU Structural Funds. Our allocations ensure a real-terms match of EU structural funds in every nation and region of the UK.

The allocation methodology for the UKSPF was developed in accordance with the following core principles, in line with commitments made at the last Spending Review.

We have set out a methodology note which provides more detail on this: https://www.gov.uk/government/publications/uk-shared-prosperity-fund-allocations-methodology.

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