Local Government Finance: Capital Investment

(asked on 8th September 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, if she will make it her policy to provide capital funding to local authorities on an annual basis.


Answered by
Alison McGovern Portrait
Alison McGovern
Minister of State (Housing, Communities and Local Government)
This question was answered on 15th September 2025

The government has taken steps towards the simplification of capital local growth funding by consolidating the Levelling Up Fund, Town Deals and Simplification Pathfinders Pilot Fund into a single Local Regeneration Fund - providing greater flexibility and supporting local leaders to drive growth.

The Fair Funding Review 2.0 set out our plans to consolidate revenue grants in at least four “thematic pots” from 2026/27. We will set out details of the revenue grants that will be consolidated, and our future plans for capital funding, at the provisional Local Government Finance Settlement.

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