UK Shared Prosperity Fund: Greater London

(asked on 18th June 2025) - View Source

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

To ask the Secretary of State for Housing, Communities and Local Government, how much will be allocated to London from the UK Shared Prosperity Fund in each year of the Spending Review period; and what the outturn allocation was in each year since the creation of the UK Shared Prosperity Fund.


Answered by
Alex Norris Portrait
Alex Norris
Parliamentary Under-Secretary (Housing, Communities and Local Government)
This question was answered on 26th June 2025

The UK Shared Prosperity Fund (UKSPF) will not continue beyond the 2025-26 transition year. As announced at the recent Spending Review, the government is introducing a new, targeted approach to support growth, tackle deprivation, and restore pride to communities.

UKSPF allocations for local authorities are published on gov.uk here. An annual breakdown of 2022-25 allocations are also published on gov.uk here.

The Greater London Authority spent its entire UKSPF allocation of £144,444,970 for the 2022-25 period, and has been allocated £62,981,782 for 2025-26.

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