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We'll cover Brexit shortfall, Labour tells Wales

Credit: Daniel Leal-Olivas/PA Wire

Labour will commit itself to a multi-billion pound pledge to make up any shortfalls in funding for deprived regions and communities resulting from Britain's departure from the European Union.

The promise, to be announced today at the party's annual conference in Liverpool by shadow foreign secretary Emily Thornberry, guarantees that future Labour governments will match EU structural funding currently worth 10.8 billion euros (£9.3 billion) from 2014 to 2020.

Wales would be likely to benefit from the scheme. Currently it is allocated 2.4 billion euros (£2.1bn) under the current seven-year programme.

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