Source · Select Committees · Northern Ireland Affairs Committee
Recommendation 2
2
Accepted
Paragraph: 17
We note the Government’s intention to ensure that the UK Shared Prosperity Fund and funding...
Recommendation
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.
Government Response Summary
DLUHC officials have engaged extensively across sectors in Northern Ireland to seek input into the UKSPF Northern Ireland Investment Plan. The plan sets out the amount of UKSPF funding, including Multiply, that has been indicatively allocated to interventions in Northern Ireland for the financial years 2022-23, 2023-24 and 2024-25.
Paragraph Reference:
17
Government Response
Accepted
HM Government
Accepted
DLUHC officials have engaged extensively across sectors in Northern Ireland to seek input into the UKSPF Northern Ireland Investment Plan. The drafting phase of the UKSPF Investment Plan has now drawn to a close following endorsement from the UKSPF Northern Ireland Partnership Group and the plan has been published on gov.uk. The plan sets out the amount of UKSPF funding, including Multiply, that has been indicatively allocated to interventions in Northern Ireland for the financial years 2022-23, 2023-24 and 2024-25. The plan adjusts the funding profile, moving 2022-23 revenue funding to 2023-24 to better reflect Northern Ireland’s needs and improve deliverability. The Managing Authority for the European Regional Development Fund and European Social Fund is the Northern Ireland Department for the Economy (DfE). The position in respect of funding in delivery for 2022-23 and 2023-24 is a matter for the DfE.