Cornwall completely shafted itself over Brexit
Independent local news coverage from Cornwall. CornishStuff provides the latest Cornish news in Cornwall. Subscribe to the CornishStuff newsletter to stay up to date.
cornishstuff.com
Thanks for that. I didn't fully read Sunaks recent statement and had no idea he'd given some detail on the Shared Prosperity Fund. £220m is totally derisory for next year. A joke. The article did say it is being ramped up to £1.5bn a year but didn't give any time span for this. But I suppose £1.5bn a year on top of the Small Town funding of £3.6bn is a bit more acceptable when compared to the last EU funding of £1.3bn a year.
As regards Cornwall specifically, the Government really do need to be very careful. All of the MPs down here are Tory, but the margins aren't huge. Cornwall is historically a Libdem county, but support for them has been steadily dwindling over the last 20 years or so. Labour are now the second party and it won't take much of a swing from either Libdem or Tory for them to take seats.
The article you posted is a little bit one sided in that Tim Dwelly is a Labour councillor and will always be anti Tory. There was no guarantee as to what Cornwall was going to receive in the next round of funding. It has received EU funds for 21 years from 2000 and the indications were that we would receive £350m for the next tranche, or £50m a year. Quite a bit less than the £100m quoted in that article.
We don't yet know how the Shared prosperity Fund is going to be divvied out and Tim Dwelly is focusing on the worse case scenario. That may still happen and I'm not denying that, but the government must be aware that there would be a massive backlash if it does. There are also 4 Cornish Towns on the Small Towns Fund list so in theory there could be another £100m in investment there. I must say though that neither St Ives or Truro are deprived areas. They are Tory marginal seats though, so their inclusion on that list is extremely dubious to say the least.
Cornwall will also benefit from the fisheries funding but I have no idea by how much. It will also expect to benefit from Agriculture funding, which is designed to benefit proper farmers rather than the UK share of the CAP, 80% of which went to billionaire landowners.
What the region really needs though is investment in the mining industry.