English regions were awarded a total of £1.12 billion from Brussels in 2018. The biggest losers under the new scheme are likely to be the Midlands, Yorkshire, Cornwall and the northwest, according to figures obtained by Labour.
Wales will be even harder hit, having been expected to receive £373 million a year in the EU – while Scotland received £125 million annually.
Steve Reed MP, Labour’s shadow communities secretary, told The Independent: “This research makes a mockery of the Conservatives’ pledge to to fix the gigantic regional inequalities they have created.
These funds that were due to come from the EU to the UK have been replaced by just £220 million in total from the Conservative government leaving a shortfall approximately £1 billion.
https://www.thelondoneconomic.com/polit ... it-286041/