UK Shared Prosperity Fund: Greater London
The question
To ask the Secretary of State for Housing, Communities and Local Government, how much will be allocated to London from the UK Shared Prosperity Fund in each year of the Spending Review period; and what the outturn allocation was in each year since the creation of the UK Shared Prosperity Fund.
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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