Item 5 - Levelling Up White Paper and UK Shared Prosperity Fund (3/22E)

Summary:
 
This paper sets out the government’s proposals around the UK Shared Prosperity Fund (UKSPF) within the context of the Levelling Up White Paper and the implications of the approach for London boroughs.
Recommendations:
 
Executive is asked to note and comment on this report, including the proposed principles to underpin our approach to UKSPF set out in paragraph 9 and the next steps in para 13.