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PRIVACY
Opinion

Michael Gove: What levelling up means for Wales

The º£½ÇÊÓÆµ Government is backing a Welsh freeport with up to £26m of funding.

Michael Gove(Image: Getty Images)

The glories of Wales speak for themselves. A proud past as a crucible of the industrial revolution and, with growing strengths in aerospace and advanced manufacturing, exceptional universities, a world-renowned sporting and cultural heritage and a spellbinding landscape, a future full of promise.

We know that times are challenging, at home and abroad. But this only makes our mission to level up opportunity and prosperity across the whole of the United Kingdom more urgent. Wales has all the core strengths a nation needs to thrive in the years ahead. Its natural resources and human capital are second to none.

For too long, though, in common with communities across the º£½ÇÊÓÆµ, the potential of many parts of Wales has been undervalued and untapped. That is changing.

The Welsh Government today has the biggest block grant in the history of devolution.

Communities from Rhyl to Raglan are getting £121m from the Community Ownership Fund and the Levelling Up Fund, alongside £790m for city and growth deals.

Local leaders in Wales, too, are being empowered as never before.

The £585m that Wales is receiving from our new £2.6bn º£½ÇÊÓÆµ Shared Prosperity Fund, which replaces old EU structural funds, is going directly to them to spend on local priorities. They are also being armed with greater powers and more funding through our levelling up agenda.

But it is clear we need to go further, drawing on the success of close collaboration between the Welsh and º£½ÇÊÓÆµ governments through the pandemic and particularly the vaccination programme.