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The decisions as the council's minutes record them. A plain-language summary follows once it has been written.
RESOLVED that the decision record of the meeting held on the 16th March 2026 be signed as a correct record.
RESOLVED to approve: 3.1 Implementation of the UK/WG Local Growth Fund as outlined in the report, with Swansea acting as Lead Authority for South West Wales. 3.2 Delivery of the South West Wales programme using the regional ‘anchor project’ approach that has worked effectively for the previous UK SPG programme. 3.3 The proposed regional working budgets. 3.4 The existing local delegation arrangements for the approval of grant awards. 3.5 Flexibility in the working budgets as in the delivery of the UK SPF, where refinements can be made in consultation with the Director of Finance, with the Cabinet Member and the Regeneration Partnership being kept informed. 3.6 Proceeding at risk with opening calls for all applications prior to entering into a formal Service Level Agreement with Swansea Council, as agreed with the Shared Prosperity Fund. 3.7 Proceeding at risk with the retention of staff for the internal anchor teams and programme management team, prior to entering into a formal Service Level Agreement with Swansea Council, as agreed with the UK SPF to enable the programme to commence as soon as possible. 3.8 Proceeding at risk with opening calls for all applications prior to entering into a formal Service Level Agreement with Swansea Council, as agreed with the Shared Prosperity Fund.
There were no declarations of personal interest.
Decision as recorded
RESOLVED that the decision record of the meeting held on the 16th March 2026 be signed as a correct record.
RESOLVED that the decision record of the meeting held on the 16th March 2026 be signed as a correct record.
Decision as recorded
RESOLVED to approve: 3.1 Implementation of the UK/WG Local Growth Fund as outlined in the report, with Swansea acting as Lead Authority for South West Wales. 3.2 Delivery of the South West Wales programme using the regional ‘anchor project’ approach that has worked effectively for the previous UK SPG programme. 3.3 The proposed regional working budgets. 3.4 The existing local delegation arrangements for the approval of grant awards. 3.5 Flexibility in the working budgets as in the delivery of the UK SPF, where refinements can be made in consultation with the Director of Finance, with the Cabinet Member and the Regeneration Partnership being kept informed. 3.6 Proceeding at risk with opening calls for all applications prior to entering into a formal Service Level Agreement with Swansea Council, as agreed with the Shared Prosperity Fund. 3.7 Proceeding at risk with the retention of staff for the internal anchor teams and programme management team, prior to entering into a formal Service Level Agreement with Swansea Council, as agreed with the UK SPF to enable the programme to commence as soon as possible. 3.8 Proceeding at risk with opening calls for all applications prior to entering into a formal Service Level Agreement with Swansea Council, as agreed with the Shared Prosperity Fund.
The Cabinet Member received a report for approval of arrangements for the UK and Welsh Government's Local Growth Fund (LGF) 2026/2029. As per the report, the LGF is one of the successor programmes to previous EU funding arrangements and the UK Shared Prosperity Fund (UK SPF). The new three-year programme, starting on the 1st April 2026, and created under the UK Internal Market Act, is aimed at driving activities for economic growth. The new programme, led by the Welsh Government, has been designed on eligible elements of the previous UK SPF delivery arrangements. The regional 'anchor project' approach would continue to be used, although narrower in scope across three proposed regional projects, in line with the LGF themes: · Supporting Business. · Local Economic Infrastructure. · Skills and Employability. The Cabinet Member was advised of the LGF's proposed regional working budgets and activities, and the programme management structure, as detailed in the report. RESOLVED to approve: 3.1 Implementation of the UK/WG Local Growth Fund as outlined in the report, with Swansea acting as Lead Authority for South West Wales. 3.2 Delivery of the South West Wales programme using the regional ‘anchor project’ approach that has worked effectively for the previous UK SPG programme. 3.3 The proposed regional working budgets. 3.4 The existing local delegation arrangements for the approval of grant awards. 3.5 Flexibility in the working budgets as in the delivery of the UK SPF, where refinements can be made in consultation with the Director of Finance, with the Cabinet Member and the Regeneration Partnership being kept informed. 3.6 Proceeding at risk with opening calls for all applications prior to entering into a formal Service Level Agreement with Swansea Council, as agreed with the Shared Prosperity Fund. 3.7 Proceeding at risk with the retention of staff for the internal anchor teams and programme management team, prior to entering into a formal Service Level Agreement with Swansea Council, as agreed with the UK SPF to enable the programme to commence as soon as possible. 3.8 Proceeding at risk with opening calls for all applications prior to entering into a formal Service Level Agreement with Swansea Council, as agreed with the Shared Prosperity Fund.
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