EXCLUSIVE: Core Cities' £28bn Shared Prosperity Fund warning

By Mark Conrad and Dan Peters and Paul Marinko | 26 September 2019

The proposed UK Shared Prosperity Fund (UKSPF) must be worth at least £28bn over seven years if the UK is to deliver its devolved policy objectives, a leading sector body has warned.

An analysis by the Core Cities group, which represents the 10 largest UK cities outside of London, concluded that the UKSPF must be worth at least £4bn a year until 2026 - double the current £2.1bn allocated annually through EU structural funds.

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Whitehall Finance Local Government Association Policy Core Cities County Councils Network Local Enterprise Partnerships Devolution CLG Select Committee EU Brexit Robert Jenrick
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