Purpose

The report provides information about a fourth-year extension of UK Shared Prosperity Fund allocation to Stockport from the GM Combined Authority, and proposals for the approach to the use of the funds, processes, and governance. Cabinet is asked to approve the proposals.

Decision

The Cabinet has given approval to the proposed uses for UK Shared Prosperity funding in Stockport, the associated processes, and the governance framework for the additional UKSPF allocation to Stockport as detailed in the report.

Alternative options considered

None.