Wales is in danger of missing out on post-EU funding due to a "lack of cooperation" between the UK and Welsh governments, a new report has claimed. The UK government has developed new funding schemes which it previously claimed will match the money Wales would have received from the EU after Brexit.
But a new report by the Senedd finance committee has suggested Wales could miss out on vital funding due to a "lack of cooperation between the Welsh and UK governments." It said three new funding schemes - the community renewal fund (CRF), levelling up fund (LUF) and the shared prosperity fund (SPF) - designed to replace previous EU funding in UK nations represented a "seismic shift in the way that money is allocated to Wales", which it claims was the largest recipient of EU funding relative to its population of all the UK nations.
But it said implementing these funds had been "endangered by a lack of engagement between the Welsh and UK governments", difficulties by local councils in submitting funding bids and the UK government "bypassing the Welsh Government and the Senedd" to fund Welsh projects.
