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This is the third and final round of the £4.8bn promised by the government. The first round, announced in October 2021, saw 105 projects funded with
The first 2 rounds of the Fund awarded £3.8 billion on a competitive basis to projects with one of the following themes: regeneration and town centres;
The government has allocated the final tranche of the levelling up fund to 55 local authorities, which had been unsuccessful in the first two rounds. This
Fifty-five projects across the UK were awarded a share of nearly £1billion but Labour criticised ministers for failing to explain what will happen to unsuccessful areas