Extract from Exiting the European Union Questions - May 16

One of the ways that the Government could start moving on regeneration, not just in England but across Wales, Scotland and Northern Ireland, is to set out when the consultation on the shared prosperity fund will start. It was meant to start before December 2018, but Ministers from the Treasury, the Wales Office, and the Department for Business, Energy and Industrial Strategy do not know when it will be. Perhaps Ministers from the Department for Exiting the European Union can give us some answers for a change.

The hon. Gentleman will have observed that we have not yet reached a deal on the withdrawal agreement. The shared prosperity fund is the pot of money that will be allocated across the UK once we have left the EU. The withdrawal agreement still has to go through. We recognise the importance of reassuring local areas at that point that the shared prosperity fund will be distributed, but it does not make any sense to do that ahead of the ratification of the deal.

Topical Questions