vimarsana.com

Page 7 - ஒன்றுபட்டது கிஂக்டம் பகிரப்பட்டது ப்ராஸ்பெரிடீ நிதி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Urgent consultation on UK Shared Prosperity Fund needed amid concerns over Scottish funding levels and priority areas - Committees

While the Committee welcomed initial commitments by the UK Government that there will be a consultation on the design of the scheme, this is yet to come to fruition. It is vital that bodies across Scotland – including local authorities – are consulted given the focus of the UKSPF on local businesses, communities and investing in skills and employment.  Further, it is unclear how much funding Scotland will receive through UKSPF. While the UK Government has given its assurances that Scotland’s allocation will be the same - or greater – than EU funds, the Committee has called for clarity on how much funding this equates to per year, for the first five years of the scheme. 

MPs demand details on post-Brexit cash for Scotland to replace EU funding

THE UK Government is being urged to set out exactly how much cash Scotland will receive from a scheme designed to replace European funding following Brexit. The Scottish Affairs Committee has called on ministers to clarify how much money will be made available north of the border as part of the UK Shared Prosperity Fund (UKSPF). It made the plea as it warned that “uncertainty” over the operation of the fund – which will run from 2022 – was “hindering planning efforts and poses risks to a smooth transition”. Scotland received cash from the European Union for more than 40 years, with money having been received via both the European Regional Development Fund and the European Social Fund.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.