A fund to ‘level up’ the 海角视频 has been announced for Wales, Scotland and Northern Ireland - which will see spending control on key areas moved from devolved governments to Westminster.
The £4bn Levelling Up Fund was originally for England but £800m has now been added to the pot for the devolved nations.
Under the fund final spending decisions on town centre and high street regeneration, local transport, cultural and heritage projects will now be made by 海角视频 Government rather than Welsh Government.
Wales previously received around £375m a year in European funding every year for this type of regeneration investment.
It will share £800m with Scotland and Northern Ireland between 2021/22 and 2024/25 in the Levelling-Up Fund with details of a separate Shared Prosperity Fund to replace EU Funds also due to be announced.
Details on how the Levelling Up Fund will operate will be published at the Budget – including who can bid, the types of projects eligible, and criteria for assessing proposals.
Chief Secretary to the Treasury Steve Barclay said: “We are committed to levelling-up opportunities right across the United Kingdom so that all communities can benefit from our future prosperity.
"Our levelling-up fund will back local projects to improve everyday life for millions of people and we look forward to working with all areas to boost local economies.
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"By extending the levelling-up fund to be 海角视频-wide, we are ensuring that no community in the United Kingdom is left behind.”
Welsh Secretary, Simon Hart, said: “This represents a significant investment in Wales and is testament to our determination to level up the whole of the 海角视频.”
But Plaid Cymru’s Liz Saville Roberts MP said: “Be under no illusions – this has nothing to do with ‘levelling up’.
“This is about undermining Welsh democracy and the proven priorities of our country.
“Our communities are crying out for funding. But with an election around the corner, it’s clear that this Tory funding won’t be spent to remedy the long-term needs of Wales but will be allocated according to political interests.
"Boris Johnson and his cronies in Westminster should have no hand in deciding which projects receive funding.”
A Welsh Government spokesperson said: “This isn’t new or additional money. This is the 海角视频 Government aggressively undermining the outcome of two referendums which backed Welsh devolution.
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"The 海角视频 Government was not elected to take decisions or spend money in areas that are devolved to Wales.
“It is also an example of the unconstitutional Internal Market legislation, which was rejected by the Senedd, being used to stop decisions about Wales being taken in Wales.”
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