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Post-Brexit funding shake-up could put 93 jobs in Gwent area at risk

2 6
21.03.2025

Changes to a post-Brexit funding scheme could put 93 council jobs in Caerphilly at risk next year.

A new report outlines how Caerphilly County Borough Council will spend this year’s allocation of the UK Government’s Shared Prosperity Fund (UKSPF).

Staff on-fixed term contracts are likely to be renewed until the end of March 2026, but after that face an “unclear” future.

Following the change of government in 2024, Westminster is expected to replace the UKSPF with a new model of structural funding, offering a greater role for the UK’s devolved administrations.

The UK Government has designated the next 12 months as a “transition” year, in which Caerphilly Council will receive an £11.4 million allocation.

That money will be spent on a variety of schemes, such as green spaces,........

© South Wales Argus