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Issue details

UK Shared Prosperity Fund Programme 2025-26

 

 

In December 2024, Thanet District Council received notification from Ministry of Housing, Communities and Local Government (MHCLG) that the UK Shared Prosperity Fund (UKSPF) has been extended for a final year - April 2025 to March 2026. The aim of the UKSPF extension year is to provide a smooth transition from the existing UKSPF programme to a new, future funding framework, yet to be announced.

 

Thanet has been awarded £546,557 of funding to deliver projects within the priorities of Community and Place; Support for Business; and People and Skills, with Thanet District Council being the lead authority for the programme.

Decision type: Key

Reason Key: Expenditure or Making one-off Savings anticipated to be £250,000 or more*;

Decision status: Recommendations Approved (subject to call-in)

Wards affected: (All Wards);

Notice of proposed decision first published: 19/02/2025

Decision due: 11 Mar 2025 by Overview & Scrutiny Panel

Decision due: 20 Mar 2025 by Cabinet

Lead member: Councillor Ruth Duckworth, Cabinet Member for Regeneration and Property Cllr-Ruth.Duckworth@thanet.gov.uk

Lead director: Bob Porter

Contact: Louise Askew, Head of Regeneration and Growth Email: Louise.askew@thanet.gov.uk.

What the decision will mean: Approval to spend the allocated UK Shared Prosperity Fund Programme for 2025-26

Decisions

Agenda items

Documents

  • OSP report  
  • Cabinet report