- Ashfield is to receive £3,192,135 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 money for Multiply - a new UK-wide programme to equip hundreds of thousands of adults with functional numeracy skills to improve their employment prospects. This could mean 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 help 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’), the Government has announced.
The UKSPF allows local communities to invest in local priorities from regenerating high streets, to tackling economic decline, and will help reverse geographical inequalities – with areas in greater need receiving more support, but every place receiving funding. 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.
Lee Anderson MP has welcomed the news that as part of this investment, £3,192,135 has been awarded to Ashfield.
This money will be given to locally elected authorities and local leaders who best know what their 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.
Commenting, Lee Anderson MP said:
“I am incredibly proud of Ashfield and know that our best days lie ahead. I am determined to work with the Government to ensure that everyone from our area is able to reach their full potential.
“That is why I welcome the investment of £3,192,135 for Ashfield, 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”.
Commenting, Levelling Up Secretary Michael Gov said:
“We have taken back control of our money from the EU and we are empowering those who know their communities best to deliver on their priorities.
“The UK Shared Prosperity Fund will help to unleash the creativity and talent of communities that have for too long been overlooked and undervalued.
“By targeting this funding at areas of the country that need it the most, we will help spread opportunity and level up in every part of the United Kingdom.”