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Levelling-up Fund Round 2

19 January 2023

Lead MP

Lucy Frazer

Debate Type

Ministerial Statement

Tags

EconomyForeign AffairsStandards & EthicsLocal Government
Other Contributors: 38

At a Glance

Lucy Frazer raised concerns about levelling-up fund round 2 in the House of Commons. A government minister responded. Other MPs also contributed.

How the Debate Unfolded

MPs spoke in turn to share their views and ask questions. Here's what each person said:

Government Statement

EconomyForeign AffairsStandards & EthicsLocal Government
Government Statement
Lucy Frazer apologised for the initial communication of the announcement and detailed the Government's commitment to levelling up as part of their economic growth strategy. She outlined the second wave of funding from the levelling-up fund, allocating £2.1 billion across 111 bids that aim to stimulate local economies and regenerate underinvested areas. The minister highlighted the transparency in the selection process, where each bid is evaluated against published criteria, ensuring a fair spread of investment across the UK with consideration for geographic diversity and past investments. She also noted that nearly £4 billion has been allocated over two rounds of funding, benefiting more than 200 bids from various communities nationwide.

Shadow Comment

Alex Norris
Shadow Comment
Alex Norris criticised the Government's levelling-up fund as a failure, noting inadequate allocation in certain regions and cities. He pointed out that while £15 billion was cut from local government budgets over a decade, today’s announcement only returns £2.1 billion. The shadow argued that even successful bids would not recover what they lost, highlighting the lack of substantial improvement for economically challenged communities like Stonehouse in Plymouth. Norris also questioned the fairness and transparency behind the allocation decisions and proposed sustained investment targeting actual need rather than competitive bidding.
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