Concern St Helens’ ‘vital’ EU grants won’t be replaced

Council leader Barrie Grunewald fears EU grants will not be replaced by central Government
Council leader Barrie Grunewald fears EU grants will not be replaced by central Government
  • Council in St Helens benefitted from EU funding
  • Grants must now be replaced by central Govt, says council leader
  • Future will remain unclear for several months, warns Coun Grunewald

Town hall chiefs fear there could be a dramatic cut in funding following last night’s Brexit vote.

Council leader Barrie Grunewald said he was concerned European grants, which have boosted the borough’s economy over the year, will not be replaced by central Government once EU funding dries up.

He said: “The full implications of last night’s vote will only become apparent in the weeks and months ahead.

“However we are concerned about the possible impact on interest rates - both paid and received by the council - the implications of any emergency budget on council funding and the implications of equities values on pension funds.

“In addition, some commentators are forecasting a recession following the vote, which could have an impact on employment and investment locally.

“We are also concerned about the impact of the result on European Funds in the City Region area and on the ground here in St Helens.

We expect the commitments made by the Brexit campaign to be met – they promised that such funds would be met by Government centrally and we believe that should now be the case even if the source of that funding has been very unclear

Council leader Barrie Grunewald

“We have been active in developing a Motorways of the Sea scheme with many other areas of

Europe and we are hoping for significant EU investment in the borough in the future.

“We expect the commitments made by the Brexit campaign to be met – they promised that such funds would be met by Government centrally and we believe that should now be the case even if the source of that funding has been very unclear.”

“We will have to wait and see exactly how councils will be affected - and plan accordingly.”