Extract from Topical Questions to the Chancellor of the Duchy of Lancaster - Dec 17
Thursday, 17 December 2020 16:02
Steve Double (St Austell and Newquay) (Con) [V]: The recent
announcement by the Chancellor of a £220 million pilot scheme for
the shared prosperity fund is a welcome step forward. However,
there are some in Cornwall who claim that this is a sign that the
Government will break their commitment to match the funding that
places such as Cornwall received through the EU. Can my right hon.
Friend confirm that the Government are committed to replacing EU
funding, which amounted to £1.5 billion per...Request free trial
(St Austell
and Newquay) (Con) [V]: The recent announcement by the
Chancellor of a £220 million pilot scheme for the shared prosperity fund is a
welcome step forward. However, there are some in Cornwall who claim
that this is a sign that the Government will break their commitment
to match the funding that places such as Cornwall received through
the EU. Can my right hon. Friend confirm that the Government are
committed to replacing EU funding, which amounted to £1.5 billion
per year, in full, and that, as the Prime Minister has stated,
Cornwall will receive its share in a dedicated pot?
The Chancellor of the Duchy of Lancaster and Minister for the
Cabinet Office (): I can absolutely reassure my hon. Friend
that, as set out at the spending review, funding for the UK
shared prosperity fund will be
increased so that it at least matches the EU receipts on average,
which reached around £1.5 billion a year. We will publish a UK-wide
framework in the spring, which will set out full details, and to
help local areas prepare for the introduction of the SPF, we are
providing the additional £220 million that my hon. Friend referred
to. Of course, we will work closely with Cornwall to ensure that it
gets the funding that it needs and for which he is such an
effective advocate.
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