Source · Select Committees · Public Accounts Committee
Twenty-First Report - Levelling up funding to local government
Public Accounts Committee
HC 424
Published 15 March 2024
Conclusions (1)
7
Conclusion
Acknowledged
The Department sought to fund ‘shovel-ready’ projects in both the Towns Fund and Levelling Up Fund. The Department told us the latest figures across Rounds 1 and 2 of the Levelling Up Fund show that 284 out of 308 projects have commenced. For the Future High Streets Fund, it is …
Government Response Summary
The government acknowledges the committee's observations regarding project status and delivery, stating it has 'implemented' the recommendation (despite it being a conclusion). It clarifies the stages of funding distribution, provides updated figures on projects underway and completed, and explains how it measures success, also noting wider economic factors causing delays.