Haringey Council is set to receive over £1 million in funding to combat fuel poverty and support local businesses, thanks to a grant from the Greater London Authority (GLA). The funding, which totals £1,007,516, will be allocated to projects aligning with the council's Shaping Tottenham, Shaping Wood Green, and Opportunity Haringey initiatives.

The UK Shared Prosperity Funding (UKSPF) grant is divided into £672,739 for capital projects and £334,777 for revenue funding, and will be used up to March 2026. The decision to accept the grant was made at a Cabinet Member Signing meeting on Thursday, 3rd July 2025, according to the Public reports pack.

It's worth noting that Haringey's allocation for 2025/26 represents a significant reduction compared to previous years. The Public reports pack indicates that in 2024/25, the council received roughly £1.5 million in revenue funding and £500,000 in capital funding.

The council plans to use the revenue funding to support entrepreneurship, businesses, and residents seeking employment, while the capital funding will focus on placemaking priorities in Shaping Wood Green and Shaping Tottenham. The Acceptance of UKSPF Grant report details the intended allocation of funds.

A key focus of the funding is to address fuel poverty in the borough. Haringey has one of the highest rates of fuel poverty in London, with 13.3% of households (14,983) struggling to afford their energy bills. Previous UKSPF allocations have already made a significant impact, with 833 residents assisted and 224 receiving Energy Doctor visits, resulting in an average saving of £245 per household per year. With energy bills expected to rise, this support is more critical than ever.

The Public reports pack indicates that the funding will continue to support the Fuel Poverty Advice service, including Energy Doctor visits. While this suggests a continuation of existing methods to reach vulnerable residents, it does not explicitly detail new or additional measures to ensure the funding reaches the most vulnerable.

The funding will also support Haringey Works, an employment support programme, and provide targeted assistance to local businesses. Haringey is home to over 12,000 businesses, the vast majority of which are micro businesses. The council aims to provide more support for young entrepreneurs, create networking opportunities, and improve coordination with businesses.

The council's decision to accept the UKSPF grant aligns with the London Growth Plan and government growth missions, focusing on economic growth, breaking down barriers to opportunity, and building a clean energy superpower. The agenda for the meeting also included standard items such as apologies for absence and declarations of interest.