Tameside UK Shared Prosperity Fund continues bringing successful results

Date Released - 18/12/2024

Over the last eighteen months, the UK Shared Prosperity Fund (UKSPF) has delivered brilliant results across Tameside, exceeding expectations in number of key areas and creating a lasting positive impact for the borough’s residents and businesses.

The £3.812 million allocated to Tameside has been effectively spent across three investment priorities:

With funding on track to be spent, there are a range of impressive achievements that highlight the program’s success. A number of targets set have not just been met but have been exceeded:

The fund’s impact extends to broader outcomes, and has been driving growth creating key jobs, engaging the community, and highlighting growth in community engagement, encouraging economic development.

Ashton Market Hall is also set to be upgraded using £250,000 of UKSPF funding in line with ambitions for the Market Square. Works will change some of the layout to support existing traders and bring in a wider age range of customers by offering an improved food and beverage area. This will support more activities and events and enhance the market offer and the toilet and changing facilities will also be updated as part of the works.

Improvements to Hyde Market Ground identified through the Hyde Town Centre Masterplan are currently underway utilising £75,000 of funds. Following discussions with market traders work is underway to remove a number of the fixed market stalls which will be replaced with a more flexible parasol provision with two of the existing fixed stalls remaining. 

Cultural initiatives such as Stalybridge Street Fest have enriched community life, while improvements to playgrounds and paving have refreshed parks, greenspaces, and town centres.

Councillor Andrew McLaren, Deputy Leader & Executive Member (Growth, Housing and Homelessness said:

"The UKSPF funding has been brilliant for Tameside. These achievements are a testament to our commitment to building vibrant communities, supporting local businesses, and creating opportunities for all. Whether it’s through revitalised spaces, thriving local events, or increased business support, this funding continues to make a real difference."

For more information about ongoing UKSPF projects in Tameside, visit www.tameside.gov.uk/UKSPF.