Purpose

To update Cabinet on the progress of UK Shared
Prosperity Fund and Rural England Prosperity Fund
projects.

Content

The purpose of the report was
to update Cabinet on the delivery of UK Shared Prosperity Fund and
Rural England Prosperity Fund projects to date and seek approval
for the approach to the delivery of UKSPF projects in 2025/26 along
with the necessary delegations.
 
In Councillor Wilkinson’s
absence Councillor Harris, Leader of the Council, introduced the
item.
 
The recommendations were
proposed by Councillor Harris, Leader, and seconded by Councillor
Layton, Cabinet Member for Housing and Planning.  This proposal was put to the
vote and agreed by Cabinet.
 
RESOLVED that Cabinet
:

1.    
Noted the progress with the delivery of UKSPF and
REPF projects to date.

2.    
Noted that the Council has been awarded UKSPF
funding of £327,146 for 2025/26.

3.    
Agreed to allocate up to £140,000 of funding
for 2025/26 to Cirencester Growth Hub and up to £50,000 to a
local employment and skills project

4.    
Delegated authority to the Chief Executive, in
consultation with the Cabinet Member for Economy and Environment,
to allocate the remaining funding, having regard to the
recommendations of the UKSPF Assessment Panel.
 
Voting Record 5 For, 0 Against,
0 Abstention