Call for Evidence
Scotland and the Shared Prosperity Fund
Terms of reference: Scotland and the Shared Prosperity Fund
Later in 2021, the Shared Prosperity Fund (SPF) is set to replace European Structural and Investment Funds which support some of Scotland’s most deprived areas and is worth up to €872 million over the last seven years. However, details of how the fund might be managed remained scarce until the 25 November Spending Review.
During the Review, Chancellor Rishi Sunak outlined some of the fund’s priorities, or ‘heads of terms’, which includes investment in communities and skills to meet local needs. The Chancellor confirmed that funding ‘will at least match current EU receipts to an average of £1.5 billion per year’ across the UK. There was also a £220 million to bridge the gap between the end of UK access to EU structural funds in January and the delayed introduction of the Shared Prosperity Fund later in 2021.
Despite the announcements in the Spending Review, there are still concerns over the lack of detail on the SPF and ambiguity over whether the devolved administrations will be responsible for spending the fund in their own nations. Less than a week before the Spending Review on 19 November, the Scottish Government published its own vision of how the Shared Prosperity Fund should be directed.
On 14 December 2020, the Welsh Affairs Committee published the Government’s response to its own inquiry into the Shared Prosperity Fund. The Committee’s chair Stephen Crabb said, ‘we still require certainty about the total size of the fund, how it will be distributed’.
Call for evidence
The Committee calls for evidence for the inquiry to be submitted on the following:
- What are the implications of the financial assistance powers in the Internal Market Bill and the announcements made by the UK Government in the 2020 Spending Review for the delivery of the Shared Prosperity Fund in Scotland?
If you would like to ask the Committee to accept your submission anonymously (meaning it will be published but without your name), or confidentially (meaning it won't be published at all), please say at the start of your evidence which of these you want to request, and tell us why.
Deadline for submissions
The deadline for written evidence submissions has been extended to Tuesday 16 February 2021.
This call for written evidence has now closed.Go back to Scotland and the Shared Prosperity Fund Inquiry