Extract from Commons debate on the Queen's Speech - Oct 24
Friday, 25 October 2019 08:42
Stephen Kinnock (Aberavon) (Lab):...Fair funding also means
replacing EU funding post-Brexit. Regional development funding has
been crucial in boosting less prosperous areas all over the UK. My
constituency is one of those areas that has benefited. Last year, I
set up the all-party group on post-Brexit funding for nations,
regions and local areas, which I chair. We have a real fear that
the promised UK shared prosperity fund which will
replace EU funds, will be not only a financial...Request free trial
(Aberavon) (Lab):...Fair
funding also means replacing EU funding post-Brexit. Regional
development funding has been crucial in boosting less prosperous
areas all over the UK. My constituency is one of those areas that
has benefited. Last year, I set up the all-party group on
post-Brexit funding for nations, regions and local areas, which I
chair. We have a real fear that the promised UK shared
prosperity fund which will replace EU funds, will be
not only a financial grab, but a power grab by a UK Tory Government
clawing back powers that sit naturally with the devolved
Administrations. The great advantage of the current EU system is
that it is data-driven and evidence-based, thus guarding against
pork barrel politics. There is a real worry that the SPF will
become a politicised slush fund, with a Conservative Government
using it to buy votes in marginal seats. There is still no news on
the SPF from Ministers. It has already been delayed and time is now
running out for organisations on the ground, which need to plan for
the future...
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