Skip to main content

Shared Prosperity Fund must deliver for Wales




The Welsh Liberal Democrats have called on the UK Government to ensure the Shared Prosperity Fund delivers for Wales ahead of this afternoon’s Senedd debate. The Welsh Liberal Democrats are calling for the fund to ensure Wales receives not a penny less than it currently receives from the EU and for the Welsh Government to control how the money is spent in Wales.




A Shared Prosperity Fund was proposed in the Conservative Party’s 2017 general election manifesto and featured in the UK Government’s Industrial Strategy white paper later that year.


Since then there have been precious few details about the proposed fund. This is despite the fact a consultation was supposed to have taken place last year.


Independent analysis from Communities in Charge has calculated that Wales would lose out by £743.11 per person if the fund was allocated in the same way as UK Government funding instead of the way EU funding is distributed.


Welsh Liberal Democrat Leader Jane Dodds said:


We know Wales has long been a substantial beneficiary of EU funding. This is no accident, we receive this funding because we remain one of the poorest parts of the UK. Any fall in funding after Brexit will increase reginal inequality, push more people into poverty and leave more communities behind.


In June 2016 Vote Leave promised that ‘every region, group and recipient of EU funding will continue to get that money’ after Brexit. They may have forgotten this promise but we haven’t. Wales must receive not a penny less after Brexit.


I urge the UK Government to provide more details on the Shared Prosperity Fund at the earliest opportunity to provide communities with the certainty they need. I also call on the UK Government to confirm that the fund will fully respect devolution.”

Popular posts from this blog

Ed Davey writes: I want to rebuild our party and take on the Tories

  we wrap up the Liberal Democrat leadership election, I wanted to thank the thousands of people who have taken part in hustings, sent in questions to the campaigns and engaged in this contest. It’s absolutely right that there is a robust process that properly tests our next leader, and makes sure that whoever wins on Thursday has been put through their paces by the party. Whatever happens later this week, I know that Liberal Democrats will come together and turn our hand to doing what we do best, getting out campaigning and standing up for communities up and down the country. If you haven’t returned your ballot yet then there is still time to vote for me so that we can rebuild our party on solid foundations, and campaign for a fairer, greener and more caring society. That’s my vision for the future of our party, and I know I’ve got the experience we need to deliver it.  With your support, I want to rebuild our party and take on the Tories, and put ...

Jane Dodds - Aberpergwm Coal Mine Expansion Must be Stopped

  he Welsh Liberal Democrats have reiterated their opposition to the expansion of Aberpergwm Coal Mine in Neath Port Talbot Council. Addressing a protest in front of the Senedd Welsh Liberal Democrat Leader Jane Dodds stated that if we are to stand any hope of tackling climate change before it’s too late, the coal must be left in the ground.   The protest in front of the Senedd in Cardiff saw multiple Welsh climate groups attend.   The expansion of Aberpergwm Coal Mine has been at the centre of a row between the UK and Welsh Governments, with the Welsh Government claiming it does not have the legal authority to block the mine’s expansion, while the UK Coal Authority has insisted that the Welsh Government could in fact stop the development.   The new license, which was approved by the Coal Authority in January will allow Aberpergwm Mine to extract another forty million tonnes of coal. The development could release up to 1.17 million tonnes of very strong g...

New Zealand Trade Deal Will Damage Rural Communities

Responding to the news that the UK Government has concluded the signing of a trade deal with New Zealand, removing trade barriers between the two countries, the Welsh Liberal Democrats have said the deal will cause damage to rural communities and the Welsh agricultural industry. Commenting Welsh Liberal Democrat Leader and Senedd Member for Mid & West Wales Jane Dodds said: "The UK Government has negotiated a trade agreement that will actively damage Welsh farming communities and will bring next to no tangible benefits to our local economies.   "The Conservatives have proven that they are utterly unable to negotiate trade deals that boost the UK economy and unfortunately this agreement is no exception. The economic benefits are a drop in the ocean, and they will do nothing to mitigate the damage from the red tape and paperwork caused by Boris Johnson's shambolic EU trade deal. "Instead of delivering Global Britain, this Government is selling Welsh farmers...