Commons Sense

House of Commons · Ministers' Questions

UK Shared Prosperity Fund

Wednesday 17 March 2021 · 2 questions

Summarised by AI from the official record, so it can contain mistakes.

Read the full transcript on Parliament.uk

At a glance

Answered 0 Partly answered 2 Not answered 0

Key points

  • The Government has regular discussions with the First Minister of Wales on the UK shared prosperity fund.
  • The Government will continue to engage with the Welsh Government as it develops the fund's investment framework.
  • The shared prosperity fund aims to allocate resources based on need and opportunity.

Topics (select to filter)

Questions & Answers

Q1 Wayne David Lab
Wales
Context

Discussions on the UK shared prosperity fund with the First Minister of Wales.

Question

What recent discussions has the government had with the First Minister of Wales on the UK shared prosperity fund?

Answer from Simon Hart

I have regular discussions with the First Minister of Wales and his ministerial team on a range of issues, including the UK shared prosperity fund. The Government will continue to engage with the Welsh Government as we develop the fund's investment framework, which will be published later this year.

Partly answered

Not addressed: Specific details about recent discussions and concrete plans for allocation based on need were not provided.

How: Under Review

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Q2 Wayne David Lab
Economy
Context

Concern about the allocation of resources based on need through the UK shared prosperity fund.

Question

Will the shared prosperity fund allocate resources on the basis of need?

Answer from Simon Hart

Absolutely; that underpins the entire thrust of a number of these funds. We are attempting to prioritise areas with greatest need and where there is opportunity and challenges so that we get the money to the right places at the right time as fast as we can. One of the bits of feedback we get from local communities is that there seems to be a lot of money talked about but it never quite gets to the right place; this new initiative provides a much quicker and better way, involving local authorities, to get over that problem.

Partly answered

Not addressed: Specific criteria for prioritizing need and timelines were not provided.

How: Under Review

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