Context
The UK Government's shared prosperity fund short-changes Wales by £1 billion over three years, despite promises to replace EU funds without reducing support.
Question
I am concerned about the short-changing of Wales by the UK Government's shared prosperity fund by £1 billion over three years. This is despite repeated promises from the Secretary of State and his predecessors that Wales would receive not a penny less when replacing EU structural funds. These funds were used to deliver 5,000 apprenticeship years in Wales. Why is the Minister letting down young people in Wales?
Answer from James Davies
The hon. Lady will know that the shared prosperity fund is extremely generous to Wales and replaces all the money that came from the European Union. There have been fantastic announcements in recent weeks about how the fund will progress. She will also know about an array of other funding schemes through UK Government, including the growth deal.
Not addressed: The shortfall and promise broken by £1 billion over three years was not addressed specifically.
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