Published: 16th Oct 2020

A group of councils has vented their frustrations and claimed they are still ‘in the dark’ over the UK Shared Prosperity Fund, just weeks before it is due to go live.  The Industrial Communities Alliance has written to the communities secretary, Robert Jenrick to express their concern about lack of progress on fund, which is due to replace various pots of EU regeneration cash. The fund was first announced by the Conservatives in their 2017 general election manifesto, but details remain scant about how the fund will work or how much money will be allocated to it. The letter warns that the government’s ‘levelling up’ agenda cannot be delivered without funding that is strongly targeted at the less prosperous regions and devolved nations. And it argues that the UK Shared Prosperity Fund needs to be a multi-year settlement to ensure that there is to be the longer-term projects that are … (To read the full article, subscribe below)