Bridgend County Borough Council has held discussions on how the authority is planning to spend their share of the UK Government’s new Shared Prosperity Funding. In the monthly cabinet meeting, council bosses announced that they will be seeking more than £23m to support people and skills across the borough, as well as helping local businesses and communities.
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The funding has been designed to replace European structural funds, with local councils encouraged to apply and use it on projects which boost productivity, jobs and living standards in their respective areas. It is also on offer to improve public services, and instil a sense of local pride in residents.