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  • Shortfall in replacement for EU funding

    Created: 10/01/2023
    News/Events Category: General News

    Scotland is missing out on more than £300 million in European support under the UK Government’s replacement funding programme.

    As the first payments are made to local authorities through the UK Shared Prosperity Fund, Employment Minister Richard Lochhead said Scotland is suffering from a 60% shortfall in financial help.

    The UK Government promised its UK Shared Prosperity Fund would replace in full all EU funding lost to Scotland after Brexit. But it has only allocated £212 million to Scotland over a three-year period, when EU funding would have been worth around £549 million over three years – a shortfall of £337 million.

    The new fund is distributed exclusively through local authorities, excluding national, community and Third Sector groups, risking the loss of the services which these organisations provided. The UK Government has also taken sole responsibility for use of the funds; previously the Scottish Government allocated EU funding to ensure the needs of Scotland’s people and communities were properly met.

    Read the full article at the Scottish Government website.

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