Context
The MP is concerned about the delay in announcing the successful bids under levelling-up fund round 2.
Question
I am concerned that round 1 of the levelling-up fund has seen a total £1.7 billion awarded to 85 lead applicants across 105 bids from the UK, and my Department has awarded £1.24 billion with £187 million paid out to date. I ask what his planned timetable is for (a) announcing successful bids under levelling-up fund round 2 and (b) disbursing that funding.
Answer from Simon Clarke
We expect to announce the outcome of round 2 by the end of this year, with funding decisions based on the framework set out in our levelling-up fund guidance.
Not addressed: Did not provide a specific timeline for disbursing funds after announcing them
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