Communities to be allowed to decide how shale gas wealth fund is spent

Local communities will get to decide how up to 10% of tax revenues from fracking operations will be spent in their area but payouts are capped at £10m over 25 years

Cuadrilla's Preese Hall site after restoration. Photograph: Cuadrilla

Local communities will get to decide how a shale wealth fund is spent in their local area, under plans set out by the Treasury.

The Treasury outlined its intentions in its response to a consultation on the fund, published on 11 November.  

Please sign in or register to continue.

Sign in to continue reading

Having trouble signing in?

Contact Customer Support at
or call 020 8267 8120

Subscribe for full access

or Register for limited access

Already subscribe but don't have a password?
Activate your web account here