The Shared Prosperity Fund

This week the government published the UK Shared Prosperity Fund Prospectus, allocating £2.6 billion of funding to all parts of the UK to help spread opportunity and level up the country.

  • This fund will empower those who know their communities best to make local funding decisions.
  • Details have been published of £2.6 billion allocated to local areas through the Shared Prosperity Fund, delivering on our commitment to match previous EU funding but slashing bureaucracy and making the fund more flexible and locally led - with local leaders having greater discretion on how to use the fund to deliver on local priorities.

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