Half billion pound Welsh growth fund announced by UK Government

Half billion pound Welsh growth fund announced by UK Government

Powers on where to allocate the money will return from London to Wales

£500m Local Growth Fund for Wales Welcomed as ‘Vital Opportunity to Drive Economic Growth’

A new fund which is set to deliver more than £500 million to Wales has been welcomed as a “vital opportunity to empower small businesses and drive economic growth”. The Local Growth Fund replaces money that used to come from the European Union, with the Welsh and UK Governments agreeing a framework which will set priorities and processes for allocating the funds. A delivery plan will be developed and led by the Welsh Government. It says local au…

Half-billion-pound Local Growth Fund launched for Wales

Communities across Wales are set to benefit from a new Local Growth Fund worth more than half a billion pounds, aimed at creating jobs and improving productivity in every region. The £500 million fund replaces previous European Union funding and marks a major step in returning decision-making on economic priorities to Wales. The Welsh and […]

Half a billion pounds growth fund announced for Wales

Communities in every corner of Wales will benefit from a new fund, worth more than half a billion pounds, to create jobs and grow productivity across Wales.

New £500m fund to support growth in the Welsh economy

The Local Growth Fund financed by the UK Government will be invested over a three-year period