Facebook Pixel Half-a-billion growth fund replaces EU cash | Daily Post - newspaper - इस कहानी को Magzter.com पर पढ़ें

कोशिश गोल्ड - मुक्त

Half-a-billion growth fund replaces EU cash

Daily Post

|

October 13, 2025

AND WELSH GOVERNMENT WILL DECIDE HOW IT’S ALL SPENT

- Owen Hughes Chief Reporter owen.hughes@dailypost.co.uk

Half-a-billion growth fund replaces EU cash

Welsh minister Jo Stevens, left, and First Minister Eluned Morgan, in discussion with Prime Minister Sir Keir Starmer

THE UK Government has announced a £500m growth fund for Wales.

The Local Growth Fund replaces money that used to come from the European Union. It will see half-a-billion pounds invested over three years - starting in April 2026.

In contrast to levelling-up money under the previous government, the powers to allocate cash from the fund will lie in Wales rather then England.

The government said this honoured a manifesto commitment to restore decision-making to the country on money that previously came from the EU.

The Welsh and UK governments have agreed a framework that will set priorities and processes for allocating the funds, with a delivery plan developed and led by the Welsh Government.

Daily Post

यह कहानी Daily Post के October 13, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

क्या आप पहले से ही ग्राहक हैं?

Daily Post से और कहानियाँ

Listen

Translate

Share

-
+

Change font size