, she said: "If you're talking about national renewal, this is less money than is being taken out of my economy by the introduction of [new welfare system] universal credit over the next four years. The UK government has launched a £1.6bn ($2.1bn) post-Brexit fund for deprived English towns in what the Labour Party has called an attempt to bribe its MPs in Leave-supporting areas to support prime minister Theresa May's withdrawal bill when it comes back to Parliament on 12 March. The fund will allocate £1bn on a needs-based formula and £600m via community bids over a period of seven years, with more than half the money going to the north of England and the Midlands. A spokesman said: "The funding is designed to help communities affected by Brexit, including those who voted Leave but are now worried about their jobs or living standards."
The UK government has launched a £1.6bn ($2.1bn) post-Brexit fund for deprived English towns in what the Labour Party has called an attempt to bribe its MPs in Leave-supporting areas to support prime minister Theresa May's withdrawal bill when it comes back to Parliament on 12 March. The fund will allocate £1bn on a needs-based formula and £600m via community bids over a period of seven years, with more than half the money going to the north of England and the Midlands. A spokesman said: "The funding is designed to help communities affected by Brexit, including those who voted Leave but are now worried about their jobs or living standards."