The Shared Prosperity Fund

Part of 2. Questions to the Counsel General and Minister for European Transition (in respect of his European Transition responsibilities) – in the Senedd at 2:37 pm on 3 March 2021.

Alert me about debates like this

Photo of Jeremy Miles Jeremy Miles Labour 2:37, 3 March 2021

Well, the Member is right. The UK Government seems to be taking a deliberate approach to undermine the kind of planned, strategic, co-developed approach to regional development that we have favoured here in Wales in favour, effectively, of political discretion. And we've seen the impact of that in the towns fund in England, which has been severely criticised for a range of shortcomings by the Public Accounts Committee in Parliament, whether it's about lack of transparency or political bias or the lack of capacity for delivery. All of these challenges fall at the door of the UK Government in terms of its approach to the shared prosperity fund, and, I dare say, what it has called the levelling up fund as well, in due course. 

The proposals, in the way that the Member's question implies, have not been developed with Welsh stakeholders, not reflecting the interests of Welsh businesses and Welsh communities, either on a Wales-wide basis or a regional basis. They lack transparency. They lack the capability of being integrated with other sources of funding, and I hope very much that the Ministry of Housing, Communities and Local Government, the UK Government department responsible for the terrible experience of managing the towns fund, will not replicate the arrangements in relation to these funds. 

At the end of the day, the reason we call for these to be dealt with in accordance with the devolution settlement isn't simply a constitutional argument; it is because it leads to better outcomes, fairer to Wales, and better reflecting the priorities of Welsh businesses, Welsh communities and Welsh people.