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<p>Future decisions on funding will form part of the 2019 Spending Review, but in
the meantime the draft Withdrawal Agreement states that the UK would continue to participate
in 2014-2020 programmes until they close. Further, due to the Government’s guarantee
for EU-funded programmes, UK organisations, including those in Wales, will receive
funding in the unlikely event that the Withdrawal Agreement is not ratified.</p><p>
</p><p>The UK’s exit from the EU provides us with an opportunity to reconsider how
funding for growth across the UK is designed and delivered. Our manifesto committed
to creating a UK Shared Prosperity Fund, of which the Secretary of State for Housing,
Communities and Local Government published further details in a Written Ministerial
Statement on 24 July.</p>
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