Issue details

UK Shared Prosperity Fund (UKSF) Investment Plan

Cabinet, on 19 October 2022, resolved to:

1.     Delegate authority to the Executive Director (Development) to take the necessary decisions and actions to oversee the UKSPF investment plan, including implementing and administering the scheme and the resulting projects in accordance with the requirements and priorities of the prospectus and fund;


2.     Delegate authority to the Executive Director (Development) to enter into a contract with central government to deliver the UKSPF and to make non-material changes to the investment plan in consultation with the Head of Financial Services / S151 Officer, the Cabinet Member for Inclusive Economy and Partnerships, and the Cabinet Member for Zero Carbon Oxford and Climate Justice.


Decision type: Key

Reason Key: Expenditure, income or savings of £500,000 or greater;

Decision status: Recommendations Approved

Notice of proposed decision first published: 02/08/2022

Anticipated restriction: Part exempt  -

Decision due: 19 Oct 2022 by Cabinet, Council

Decision due: Before 31 Dec 2024 by Executive Director (Development)

Lead member: Cabinet Member for Zero Carbon Oxford, Leader - Partnership Working Deputy Leader (Statutory) - Finance and Asset Management

Lead director: Executive Director (Development)

Department: Regeneration and Economy

Contact: Ted Maxwell, Economy, City Centre & Green Transport Lead Email:

Agenda items