News article

Government Announces Launch of £2.6 Billion UK Shared Prosperity Fund

13/04/2022

Communities across the UK are set to benefit from £2.6 billion of funding being allocated to help spread opportunity and ‘level up’ the country.

Central to the UK Government’s ‘levelling up’ agenda, the UK Shared Prosperity Fund (UKSPF) is expected to support places across the UK, providing new funding for local investment by March 2025. It is intended to help local areas deliver enhanced outcomes and recognises that even the most affluent parts of the UK contain pockets of deprivation and need support.

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