THE Government launched a new £1.6bn fund that will be handed out after Brexit ­– but Oxfordshire is not expected to receive much of it.

The Stronger Towns Fund will be 'targeted at places that have not shared in the proceeds of growth in the same way as more prosperous parts of the country'.

Of the money, about £281m will go to the North West, while the South East will only be given £37m.

But detractors have said local authorities in the regions that will receive most money from the fund have suffered cuts of hundreds of millions over the last decade.

The North East will receive £105m, while Yorkshire and the Humber will have a £197m injection.

The West Midlands will receive £212m and the East Midlands will benefit from £110m.

Oxfordshire has already been told it will get just 0.15 per cent of Government funding for post-Brexit planning.

The county has received £87,500 of a £56.5m pot.

Much of the money has been directed to coastal areas. Demand for services there might increase following Brexit.

The county council, which is leading Oxfordshire councils' planning for Brexit, said the risk of disruption is 'low'.

Brexit is expected to take place on March 29, but it could be delayed. Further talks will be completed by the Prime Minister Theresa May this week.