UK Shared Prosperity Fund To reallocate the remaining Revenue Shopfront Improvement Grants scheme

September 5, 2025 Deputy Leader of the Council and Economic Growth, Regeneration & Tourism Portfolio Holder (Cabinet member) Key decision Awaiting outcome View on council website

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Summary

Deputy Leader of the Council and Economic Growth, Regeneration & Tourism Portfolio Holder decided to reallocate the remaining Revenue Shopfront Improvement Grants scheme on 05/09/2025. The remaining £576.19 from the UK Shared Prosperity Fund will be used to support the Sunspot’s 2nd Birthday celebration event.

Full council record

Decision

To use the remaining £576.19 in the Revenue Shopfront Improvement Grants scheme from the UK Shared Prosperity Fund to support the Sunspot’s 2nd Birthday celebration event.

Reasons for the decision

There is currently £576.19 of underspend in the revenue funding, and this cannot be awarded to a grant recipient as the minimum grant amount is £1,000.

The underspend sits within the “support for business” theme so therefore it is proposed that the remaining money goes towards paying towards the Sunspots 2nd Birthday celebration, which is being delivered in partnership. This would bring support to the businesses that are currently at the Sunspot and promote the Sunspot itself.

Alternative options considered

Not reallocate the funds and return the money to MHCLG.

Details

Decision date5 Sep 2025
Effective from17 Sep 2025
Subject to call-inYes