Towns Fund
The question
To ask the Secretary of State for Housing, Communities and Local Government, what (a) capital and (b) resource funding was allocated to town deals in (i) 2024 and (ii) 2025.
Answered by Alex Norris
Like all other departmental expenditure, Town Deal programme allocations are broken down by financial year (FY) rather than by calendar year. The forecast allocation for future financial years is subject to change due to the way that Town Deal payments are determined, however we do not expect this shift to be significant. Please see financial year allocations covering the scope of your query set out below.
FY 23/24 (actual) | FY 24/25 (actual) | FY 25/26 (forecast) | |
Capital | £553,852,309 | £422,756,803 | £327,710,196 |
Resource | £18,530,415 | £13,051,511 | £7,885,992 |
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