2

The government should provide this Committee with the analysis supporting the £360 million funding level,...

Recommendation
The government should provide this Committee with the analysis supporting the £360 million funding level, the 12-year duration and whatever the profile of this spending is expected to be over that period, including the reasons for establishing a new scheme rather than building on existing ones. It should also set out its rationale for integrating community investment and define measurable longterm outcomes for growth, resilience and competitiveness to enable a proper assessment of progress over the lifespan of the Fund. (Recommendation, Paragraph 8)