Local growth funds

This briefing is a short summary of current government administered funds designed to support local economic growth. It includes descriptions of, and where applicable, funding results of the following funds:

• The Levelling Up Fund
• The Towns Fund
• The Community Renewal Fund
• The Shared Prosperity Fund

It also includes a summary of the assessment of the effectiveness of these funds published by the National Audit Office and a summary of future government plans for these funds described in the Levelling Up White Paper.

For more information on the Levelling Up White Paper and the levelling up agenda in general, see the Library briefing on the subject.