4th Special Report: Wales and the Shared Prosperity Fund: Priorities for the replacement of EU structural funding: Government response to the Committee’s Fourth Report of Session 2019–21

This is the government's response, published 14 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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