FINANCE

Wales struggles to spend UKSPF cash

Wales has topped the list of regions for the amount of UK Shared Prosperity Fund (UKSPF) cash unable to be spent in 2022-23.

Wales has topped the list of regions for the amount of UK Shared Prosperity Fund (UKSPF) cash unable to be spent in 2022-23.

Of the 241 authorities that requested to spend part of their 2022-23 UKSPF allocation in future years, Welsh organisations rolled over £58.6m - almost a third (32%) of the £184m total.

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