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Local Growth Fund: Wales

Asked by Llinos MediPlaid CymruMinistry of Housing, Communities and Local GovernmentTabled Answered 8 December 2025UIN 96520

The question

To ask the Secretary of State for Housing, Communities and Local Government, for what reason the value of the Local Growth Fund for Wales was reduced from £633million to £547million.

Answered by Miatta Fahnbulleh

The UK Government is working with the Welsh Government to develop and implement a new Local Growth Fund, which is part of a wider targeted, long-term approach to regional growth across the UK. Under this approach, funding for Wales will remain at the same overall level in cash terms as under the UK Shared Prosperity Fund in 2025-26. Taken alongside Wales’ four City and Regional Growth Deals, Investment Zones and Freeports, this represents a significant investment to boost growth and create jobs across Wales.

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