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

To ask the Secretary of State for Housing, Communities and Local Government, what the annual value of the UK Shared Prosperity Fund will be.

The 2019 Conservative Manifesto committed to creating a UK Shared Prosperity Fund that tackles inequality and deprivation in each of our four nations, whilst at a minimum matching the size of European structural funds in each nation. The Government has been working closely with interested parties across the UK whilst developing the fund. Final decisions on the quantum of the UK Shared Prosperity Fund will be made at the cross-government Spending Review.