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UK Shared Prosperity Fund

Asked by Robin SwannUlster Unionist PartyMinistry of Housing, Communities and Local GovernmentTabled Answered 20 October 2025UIN 81694

The question

To ask the Secretary of State for Housing, Communities and Local Government, when he will announce the future funding allocation to the UK Shared Prosperity Fund.

Answered by Miatta Fahnbulleh

As announced at the Spending Review, from 2026-27 the UK Government will provide targeted, long-term local growth funding to support growth across the UK, once the UK Shared Prosperity Fund ends in March 2026.

In Northern Ireland, we are working closely with the Northern Ireland Office to implement and develop the new Local Growth Fund, in collaboration with the Northern Ireland Executive. The Government is committed to engagement with key stakeholders in Northern Ireland to help implement a package of funding that meets local needs and delivers impact. More information on the development of the Local Growth Fund in Northern Ireland and engagement plans will be set out soon.

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