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Brexit bribe? UK PM May unveils $2.1 billion fund for Brexit-backing towns

Video Credit: Reuters Studio - Duration: 01:06s - Published < > Embed
Brexit bribe? UK PM May unveils $2.1 billion fund for Brexit-backing towns

Brexit bribe? UK PM May unveils $2.1 billion fund for Brexit-backing towns

British Prime Minister Theresa May will on Monday set out plans for a 1.6 billion pound ($2.11 billion) fund to help to boost economic growth in Brexit-supporting communities with ministers denying it was a bribe to win support for her EU exit deal.

Mia Womersley reports

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Brexit bribe? UK PM May unveils $2.1 billion fund for Brexit-backing towns

She says it'll help boost economic growth in Brexit-supporting communities around the UK.

But the British Prime Minister's new 2.1 billion dollar fund is being slammed by some as a 'Brexit bribe'.

Goverment ministers were quick to deny that it was intended to win support for her maligned EU exit deal.

But the "Stronger Towns Fund" is being seen by many as part of Theresa May's efforts to get opposition Labour lawmakers on side.

Many of them represent areas, particularly in northern England, that voted strongly in favour of leaving the European Union.

Britain is due to quit the bloc at the end of the month.

May has promised parliament will get to vote on a revised deal by March 12.

Her initial attempt was overwhelmingly rejected back in January.

The government said the 'transformative' fund would help create new jobs, train people and boost economic activity.

But Labour's finance spokesman said it smacks of 'desperation from a government reduced to bribing MPs to vote for their damaging flagship Brexit legislation'.

Critics say the fund, when split between different areas, wouldn't be hugely significant - neither would it make up for what they had lost thanks to recent government cuts.




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