Ellie Ames 04 October 2024

LGA calls for regeneration fund extension

LGA calls for regeneration fund extension image
Image: Moomusician / Shutterstock.com

Council bosses have urged the Government to extend the ‘vital’ UK Shared Prosperity Fund (UKSPF) in the upcoming Autumn Budget.

The fund, established as a replacement for EU regional funding, is due to run out next March. 

This willl leave councils facing a ‘cliff edge’, according to the Local Government Association (LGA), which has urged the Government to provide an extra year's funding.

The LGA warned that the deadline was starting to impact the delivery of locally led schemes like regenerating high streets, skills training and creating jobs.

In its submission to the Treasury, the LGA also said councils needed clarity on the third round of the Levelling Up Fund so they could progress schemes.

The chairman of the LGA’s people and places board, Martin Tett, said: ‘Boosting inclusive local growth is the key to tackling some of our persistent economic and skills challenges, be it in improving high streets, connectivity and mobile infrastructure, or investment in people and businesses.

‘The Government should use the upcoming Budget to provide stability and certainty to councils and local businesses, who want to invest in communities, by providing an extra year of fully flexible, additional funding for UKSPF.’

SIGN UP
For your free daily news bulletin
Highways jobs

Estates Officer - Uttlesford District Council

Essex County Council
Up to £15.0000 per hour
Estates OfficerFull-Time, Temporary*37 Hours per Week£15 per Hour Closing Date
Recuriter: Essex County Council

Financial Accountant

The Royal Borough of Kensington & Chelsea Council
Negotiable
Help us get the details right - so we can deliver what matters most.As a Financial Accountant, you'll play a key role in keeping our finances sound an England, London
Recuriter: The Royal Borough of Kensington & Chelsea Council

Estates Surveyor

North Yorkshire Council
£37,035 - £45,718 per annum
If you are a member of RICS, looking for you next challenge and have experience as a quantity surveyor, we would love to hear from you! Northallerton, North Yorkshire
Recuriter: North Yorkshire Council

Planning Solicitor

Hinckley & Bosworth Borough Council
Grade 8, £41,511 up to £45,718 per annum pro rata (Pay award pending)
This role requires the expertise of a seasoned planning lawyer Hinckley, Leicestershire
Recuriter: Hinckley & Bosworth Borough Council

Principal Information Governance Officer

Derby City Council
H £36,124 - £38,626 per year
An exciting opportunity has arisen to join the Information Governance team at Derby City Council. Derby, Derbyshire
Recuriter: Derby City Council
Linkedin Banner