Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Housing, Communities and Local Government, how much (a) capital and (b) resource funding was allocated to the UK Shared Prosperity Fund in the (i) 2024-25 and (ii) 2025-26 financial year.

In the 2024-25 Financial Year, £1.3 billion resource and £0.2 billion capital funding was allocated to the UK Shared Prosperity Fund. This includes the Department for Education managed allocation for the Multiply programme in England. This allocation can be found in the Autumn Budget and Spending Review 2021 publication here: Autumn Budget and Spending Review 2021 (HTML) - GOV.UK.

In the 2025-26 financial year, £668 million resource and £234 million capital funding has been allocated to the UK Shared Prosperity Fund. There are no separate Multiply allocations for 2025-26. Local allocations for the UK Shared Prosperity Fund in 2025-26 can be found here.