Recommendation 2

We note the Government’s intention to ensure that the UK Shared Prosperity Fund and funding from the Multiply scheme match by 2024–25 the level allocated under the European ‘Structural Funds’ (ESF and ERDF). Service providers need certainty, however, and therefore the Government must set out the amount of SPF and Multiply funding, and EU funding, to be allocated each year up to 2024–25 so that stakeholders understand whether there will be any shortfalls or gaps in funding annually up to that point.