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UK Shared Prosperity Fund

Asked by Kevin HollinrakeConservativeMinistry of Housing, Communities and Local GovernmentTabled Answered 26 June 2025UIN 60842

The question

To ask the Secretary of State for Housing, Communities and Local Government, how much funding she plans to provide to each nation of the UK through the UK Shared Prosperity Fund in each year of the Spending Review period.

Answered by Alex Norris

The UK Shared Prosperity Fund (UKSPF) will not continue beyond the 2025-26 transition year. As announced at the recent Spending Review, the government is introducing a new, targeted approach to support growth, tackle deprivation, and restore pride to communities.

UKSPF allocations for local authorities are published on gov.uk here. An annual breakdown of 2022-25 allocations are also published on gov.uk here.

The Greater London Authority spent its entire UKSPF allocation of £144,444,970 for the 2022-25 period, and has been allocated £62,981,782 for 2025-26.

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