The government agrees with the Committee’s recommendation. Target implementation date: To be confirmed The government has recognised that the local growth funding landscape has previously been complex and fragmented. That is why local growth funding has largely been consolidated into two funds – LUF and UKSPF. The Levelling Up Fund consolidated several others, including the Local Growth Fund and Towns Fund, whilst the UKSPF is the successor to EU structural funds. Each of these funds has set out clear rules, supporting planning for local authorities. As announced in the Levelling Up White Paper, the government will set out a plan for streamlining the funding landscape this year which will include a commitment to help local stakeholders navigate funding opportunities. This review, will be guided by the principles of reducing the unnecessary proliferation of funding pots with varied delivery approaches, streamlining bidding, supporting greater alignment between revenue and capital sources, and tailoring investment and delivery to the local institutional landscapes of each place across the UK. A new Levelling Up Cabinet Committee has also been established, which will bring in direct input from places to help the government to better understand local challenges and how these are impacted by national policy, including how funding is disbursed. More broadly, across all local growth funds, the department maintains close working relationships with local stakeholders to ensure funding is aligned with the broader local economic strategy. One example is the Towns Fund, where the model of Towns Deal Boards offers an open and transparent way of developing and agreeing plans for growth funding in a local area.