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Insider UK
Insider UK
National
Peter A Walker

Scotland set ‘to lose millions because of UK Government EU replacement fund’

Scotland is losing millions of pounds in funding as a result of Brexit, according to Employment Minister Richard Lochhead.

Speaking ahead of a Scottish parliamentary debate this afternoon, he accused the UK Government of reneging on its promise to replace lost EU funding in full.

The UK Government’s Shared Prosperity Fund (UKSPF), which was introduced to replace previous EU funding, leaves Scotland at least £151m worse off in the first year of the scheme, Lochhead said.

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