Bassetlaw is to receive £3,391,320 from the Conservative Government through the UK Shared Prosperity Fund to help level up the community – from regenerating run down high streets to fighting anti-social behaviour.
The funding also includes free tutoring, digital training and flexible courses to help adults with low-level maths skills get back into work, as well as measures to get more young people into high-skilled jobs.
The investment will deliver on the Conservative Government’s mission to level up the United Kingdom – regenerating communities, tackling economic decline, and reversing geographical inequalities to ensure that everyone can fulfil their potential.
£2.6 billion of levelling up funding will be awarded to communities across the UK through the UK Shared Prosperity Fund (‘UKSPF’). This replaces previous EU funding, but with the added bonus that we can spend it on our own priorities rather than theirs.
The UKSPF invests in local communities by helping to regenerate high streets, tackle economic decline, and reverse geographical inequalities – with areas in greater need receiving more support. The funding is part of the Government’s mission to level up the UK, by ensuring that where an individual is born does not determine the success and opportunities afforded to them.
I am delighted to see the £3,391,320 investment in Bassetlaw and I look forward to seeing this spent effectively at local level.
This money will be given to locally elected authorities and leaders to assist in delivering what our communities need – helping to slash bureaucracy and support communities in seizing new opportunities.
The spending confirms that the Conservative Government has fulfilled its commitment to match previous EU funding on social and regional development.
We are all proud of Bassetlaw and this is why I want us to be optimistic about what we can achieve both now and in the future. I am always lobbying the Government to provide support for our area, and I want to make sure everybody is given the opportunities required to reach their potential.
That is why I welcome this latest investment of nearly three and a half million, which can be used across a range of projects from supporting adults who lack basic numeracy skills, helping young people into good jobs, and regenerating our high streets.
This investment will help to local residents to fulfil their potential, while reducing regional inequalities that have been left untouched for too long
Earlier this week, Levelling Up Secretary Michael Gove spoke of taking back control of our money from the EU and empowering local communities to deliver on their priorities, rather than unelected bureaucrats in Brussels. This new fund allows us to do just that, targeting the areas of the country that need it the most and helping to spread opportunity and level up in every part of the United Kingdom.