UK Shared Prosperity Fund: Northern Ireland
The question
To ask the Secretary of State for Housing, Communities and Local Government, whether she plans to make changes to funding levels of the UK Shared Prosperity Fund in Northern Ireland.
Answered by Alex Norris
The Autumn Budget announced that the UK Shared Prosperity Fund, for which the previous government made no plans beyond March 2025, will be extended for 2025-26 at a reduced level of £900 million.
With this transitional arrangement, Northern Ireland will continue to benefit from investment next year in local growth, providing certainty of funding in advance of wider local growth funding reforms.
My department will update the fund prospectus and confirm the Northern Ireland funding allocation for 2025-26 as soon as possible.
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