Mayor David Skaith has assumed responsibility for the UK Shared Prosperity Fund (UKSPF) for York and North Yorkshire, which will bring £8.7m to the region.
The transfer of the UKSPF 2025/26 to the York and North Yorkshire Combined Authority and Mayor Skaith took place on April 1st, bringing £8.7 million to be spent across the region to positively impact communities and businesses.
The UK Shared Prosperity Fund itself aims to improve pride in place and increase life chances across the UK by investing in communities and place, supporting local businesses, and people and skills. Allocations for the fund have been adjusted to prioritize areas with the highest levels of deprivation, while ensuring sufficient funding in all places to remain viable.
Mayor Skaith expressed his enthusiasm for this new role and committed to making sure the funding reaches every corner of York and North Yorkshire
The UKSPF 2025/26 follows the successful delivery of UKSPF 22/25 by North Yorkshire Council and City of York Council, which together funded around 1000 projects, supporting communities and businesses, boosting the economy, and generating jobs.
The new funding allocation of £8.7 million includes £2,914,393 for capital projects and £5,868,506 for revenue spending. This funding will be divided across three key themes: Communities and Place, Support for Local Businesses, and People and Skills.
Mayor Skaith highlighted the potential impact of this funding..
In addition to the core UKSPF allocation, York and North Yorkshire Combined Authority has also secured the third largest allocation of the Rural England Prosperity Fund, amounting to £1,748,017. This additional capital funding is specifically intended to address the unique challenges faced in more isolated and remote parts of York and North Yorkshire.
Information regarding opportunities arising from this funding will be posted on the York and North Yorkshire Combined Authority website as soon as they are available.
Comparison of UKSPF Funding with Other Mayoral Combined Authorities (MCAs)
To provide context for the level of UKSPF funding allocated to York & North Yorkshire for 2025-26 (£8,782,899), a comparison with other Mayoral Combined Authorities (MCAs) in England is presented below, based on the allocations outlined by the UK Government.
| Rank | Mayoral Combined Authority | UKSPF Allocation (£) |
|---|---|---|
| 1 | Greater London Authority | 62,981,782 |
| 2 | West Midlands | 46,463,600 |
| 3 | Greater Manchester | 43,215,615 |
| 4 | West Yorkshire | 35,835,534 |
| 5 | Liverpool City Region | 25,661,569 |
| 6 | East Midlands | 25,170,819 |
| 7 | South Yorkshire | 22,496,292 |
| 8 | Tees Valley | 21,476,445 |
| 9 | Greater Lincolnshire | 14,786,148 |
| 10 | Hull and East Yorkshire | 9,410,481 |
| 11 | York & North Yorkshire | 8,782,899 |
| 12 | Cambridgeshire and Peterborough | 4,393,356 |
| 13 | West of England | 4,066,742 |
This table, compiled from government figures, indicates that York and North Yorkshire's UKSPF allocation for 2025-26 is lower than the majority of other Mayoral Combined Authorities in England, ranking 11th out of 13 MCAs in terms of total funding received.
Funding allocations have been adjusted to prioritise areas with higher levels of deprivation, while ensuring all areas receive a viable level of funding.
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