Unclear when council will discuss how EU replacement funds should be spent
IT is still unclear when councillors will examine how money to replace funds previously received from the European Union should be shared out across Wales.
Funds for improving economic prospects and addressing inequalities were previously awarded direct from Brussels to the Welsh Government to be spent across the country according to need.
Following Brexit the Shared Prosperity Fund was put in place by the previous Conservative government in Westminster to distribute similar funds over three years and though the new Labour government agreed to maintain it for the 2025/26 financial year it was at a reduced level.
As a result some © South Wales Argus
