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A political policy first articulated in the 2019 Conservative Party manifesto that aims to reduce the imbalances, primarily economic, between areas and social groups across the United Kingdom. The 2020 Treasury spending review announced a £4.8 billion Levelling Up Fund for interim capital investment in local infrastructure. Local authorities were ranked into three tiers by need, and invited to submit project bids by June 2021. The first round focused on transport projects, town centre and high street regeneration, and cultural investment. The Leader of the Labour Party Sir Keir Starmer said in October 2022 that a future Labour government would "pick up the challenge of levelling up", but that his party believed only they would be able to deliver it, calling Boris Johnson's plan to deliver levelling up "an empty slogan".
A political policy first articulated in the 2019 Conservative Party manifesto that aims to reduce the imbalances, primarily economic, between areas and social groups across the United Kingdom. The 2020 Treasury spending review announced a £4.8 billion Levelling Up Fund for interim capital investment in local infrastructure. Local authorities were ranked into three tiers by need, and invited to submit project bids by June 2021. The first round focused on transport projects, town centre and high street regeneration, and cultural investment. The Leader of the Labour Party Sir Keir Starmer said in October 2022 that a future Labour government would "pick up the challenge of levelling up", but that his party believed only they would be able to deliver it, calling Boris Johnson's plan to deliver levelling up "an empty slogan".
The Institute for Fiscal Studies found
that between 2009-10 and 2019-20, English councils' non-education funding per resident had fallen by almost a quarter, after adjusting for rising prices.
The Institute for Government found
that councils in the most deprived areas had been worst hit because they were the most reliant on central government funding.
Andy Street, the Conservative mayor of the West Midlands criticised the Levelling Up funding process as being part of Whitehall's "broken begging bowl culture".
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