Published: 14th Jul 2020

More than £730m of EU regeneration funding risks going unspent and being sent back to Brussels, council leaders have warned. The Local Government Association has warned that if the European Social Fund money is not allocated by the government before the end of the year then it could be lost forever. The fund – which the UK is continuing to participate in until the end of the programme – is used for supporting employment, skills and training. With unemployment expected to rise and local businesses likely to struggle to get back on their feet, the LGA said investment in employment and skills will be more important than ever in the coming months. It added it is vital that the remaining funding is used to respond quickly to support people and places where it is most needed. The local government group said also concerned about the ongoing lack of detail around … (To read the full article, subscribe below)