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The government has brought forward by a year the start date for a new fund for skills investment.

The timing of the announcement, made just days ahead of the revised start date, has led to concern that local leaders’ hands will already be tied and providers will be unable to capitalise on the move.

The people and skills element of the UK Shared Prosperity Fund is designed to help economically inactive adults into work through skills interventions.

Spending the cash had been restricted until April 2024, but the Department for Levelling Up, Housing and Communities (DLUHC) said on Thursday that it will remove that restriction from April 2023.

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