Select committee: Welsh Affairs Committee

Conclusion 15

4th Report: Wales and the Shared Prosperity Fund: Priorities for the replacement of EU structural funding Published 2 Oct 2020 Paragraph 83 Addressed to Wales Office
Conclusion (the committee's words)
For the past twenty years, Wales has received more European Structural Funds than any other part of the UK in an attempt to bring the Welsh economy up to the EU average. This funding which is worth hundreds of millions of pounds each year is all the more important at a time when the COVID-19 pandemic has inflicted major economic damage.

From: Welsh Affairs Committee, 4th Report: Wales and the Shared Prosperity Fund: Priorities for the replacement of EU structural funding (HC 90), paragraph 83, 2 October 2020

Government response

The government responded to the whole report on 14 December 2020 (deadline 2 December 2020).

Summary written by Accountability Index from the government's response. It is not the government's own words.

The government responds to each of the Committee's six recommendations, setting out its plans for the UK Shared Prosperity Fund and intending to work with the Welsh Government, without stating that it accepts or rejects individual recommendations.

  • On funding levels, the government says it "will ramp up" UKSPF investment so that UK-wide domestic funding "will at least match current EU receipts, on average reaching around £1.5 billion a year".
  • It states it will provide £220m of additional funding in 2021-22 for local areas to pilot programmes and new approaches, with further details "in the New Year".
  • On bureaucracy, it "recognises the bureaucratic burden" of EU structural funds and says details of the UKSPF's operation will be set out in a UK-wide investment framework "published in the spring".
  • On working with the Welsh Government, it says it "intends to work with" it and local communities, and that the UKSPF's funding profile "will be set out at the next Spending Review".

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