EU Legislation, Initiatives, etc.
LGA: The Local Government Association (LGA) has warned that the Government's announcement on how it distributes money across the United Kingdom will stall innovative community projects and slow down economic recovery in England.
The Department for Business & Innovation and Skills has announced how the UK's EU Structural Funds for 2014-2020 would be re-allocated across England, Northern Ireland, Scotland and Wales. The result is that England will receive £784m (11%) less from the UK's allocation than outlined by the EU in February, with their UK counterparts sharing this money between them.
The Government claims it has taken the funding decision to minimise the impact on devolved administrations of the new EU formula for allocating funds agreed in February, although the EU is still to agree the move.
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