The UK Government has set out an ambitious plan for long-term change, built around five national Missions that aim to drive economic growth and opportunity across the country. The UK Shared Prosperity Fund (UKSPF) plays a key role in delivering these Missions by empowering local communities, supporting local priorities, and promoting inclusive growth in all parts of the UK.
As part of this commitment, the Government announced an additional £900 million for local investment in the Autumn Budget, to be delivered by March 2026.
2025/26 Allocation
For the financial year 2025/26, Dacorum Borough Council has been allocated a total of £576,887. This is broken into revenue and capital as follows:
- £106,512 for capital
- £470,376 for revenue
This funding will support a range of initiatives aimed at strengthening communities, supporting local businesses, and enhancing skills and opportunities for residents.
We are working closely with local partners, businesses, and community organisations to ensure this funding delivers meaningful, long-term benefits for Dacorum.
To find out more about how we are using UKSPF funding, please contact: UKSPF@dacorum.gov.uk