Levelling Up Fund
The question
To ask the Secretary of State for Housing, Communities and Local Government, whether it is her policy to keep the allocations of funding set out in her Department's guidance on Levelling Up Fund Round 3: explanatory and methodology note on the decision-making process, published on 20 November 2023.
Answered by Alex Norris
The Chancellor’s July ‘Public Spending: Inheritance’ speech forecasted an overspend of £21.9 billion above limits set by the Treasury in the Spring. We understand that will have caused uncertainty about the status of some projects and the challenge that presents locally. We must, however, ensure that we are making responsible decisions on public spending. Decisions that have fallen on this government to take. In this context, the Chancellor has set out a path to confirming plans for this year and next at the forthcoming Budget on October 30th.
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