Communities across the United Kingdom will benefit from £2.6 billion of funding.
The UK Shared Prosperity Fund will see places that need it most draw up plans this year to deliver on their local priorities, based on a conditional allocation of funding over the next three years. This could include regenerating rundown high streets, fighting anti-social behaviour and crime, or helping more people into decent jobs - helping to revive communities, tackle economic decline and reverse geographical disparities in the UK.
Funding decisions will be made by elected leaders in local government, with input from local members of parliament and local businesses and voluntary groups.
The fund also includes a new £559 million adult numeracy programme for the whole UK, Multiply, which will support people with no or low-level maths skills get back into work. The scheme will offer free personal tutoring, digital training, and flexible courses to improve adults’ confidence and numeracy skills.
In our area the funding will be managed by the West of England Combined Mayoral Authority.