Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: March 12, 2025

Purpose: To consider an investment strategy/design guide

Content: Cabinet:   1.     NOTED the contents of the report. 2.     DELEGATED authority to the Director for Place and Prosperity, in consultation with the Leader, to undertake any actions required to enable delivery of the UK Shared Prosperity Funding programme (UKSPF) by 2025/26 financial year end. 3.     DELEGATED authority to the Director for Place and Prosperity to enter into any agreements that are required to support the successful delivery of the UKSPF year-4 activity. 4.     ENDORSED and APPROVED the Inward Investment Strategy and DELEGATED authority to the Director for Place and Prosperity, in consultation with Portfolio Holder for Town Centre, Growth and Prosperity to make any minor amendments to the strategy that my be required following the current period of consultation. 5.     APPROVED the allocation of £42,500 from the Regeneration and Innovation Reserve to support delivery of Inward Investment Strategy and other related priorities outlined in Section 5.9 of this report.