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<p>This government is dedicated to levelling-up so that all corners of the UK benefit
from growth and prosperity after leaving the European Union and make the most of the
opportunities ahead. We are committed to improving the prospects of communities in
former industrial and mining towns and villages across England. All have distinct
competitive advantages that will be essential to shaping our economic future.</p><p>This
government has provided funding to the Coalfields Regeneration Trust (CRT) which seeks
to support mining communities in England. Over the last seven years the government
has provided £22 million in support of their activities, which are designed to assist
the CRT in becoming a self-sustaining organisation. The government also announced
in the 2018 autumn budget that we would invest £8 million to support repairs to village
halls, Miners’ Welfare facilities and Armed Forces organisations’ facilities.</p><p>The
government has also provided a package of support for regeneration in areas affected
by steelworks closures. In January this year the government announced £71 million
of new funding towards ambitious local plans to turn the former site of the SSI Steelworks
in Redcar into a huge business zone, home to world-leading clean energy, manufacturing
and tech companies.</p><p>Dedicated funding for towns is being delivered through the
£3.6 billion Towns Fund. Through Town Deals, an initial 101 towns across England to
benefit from investment worth up to £25 million, or more in exceptional cases. Over
half of these places are former industrial or mining towns. Funding from the Towns
Fund will drive the economic regeneration of towns to deliver long term economic and
productivity growth. The former mining town of Stainforth is one of 101 towns selected
to benefit from up to £25 million investment through the Towns Fund. Stainforth has
just received an initial payment of £500,000 which will help improve the town’s parks
and green spaces, including new walking and cycling facilities and play areas.</p><p>Looking
to the future, the government has also committed to the creation of the UK Shared
Prosperity Fund which will be used to bind together the whole of the United Kingdom,
tackling inequality and deprivation in each of our four nations. It will replace the
overly bureaucratic EU Structural Funds – and not only be better targeted at the UK’s
specific needs, but at a minimum match the size of those funds in each nation. It
will be driven by domestic priorities with a focus on investing in people. Decisions
on the design and operation of the UK Shared Prosperity Fund will be made following
a cross-government Spending Review.</p>
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