Agenda item

Report of the Director of Economic Development.

The Committee considered a report of the Director of Economic Development concerning the sponsorship of the Social Mobility Employer Index.

Noting that this was the second successive year in which funding was being sought for this item from Policy Initiatives Fund, a Member asked if it would be more prudent to look at funding for this initiative on a longer-term basis, rather than on a year-by-year basis. It was suggested that a broader look should be taken at the Policy Initiatives Fund in due course to assess the full range of items which were in receipt of funding across multiple years.

RESOLVED: That:-

·      sponsorship of the Social Mobility Employer Index for 2018 be agreed, at a cost of £35,000 to be met from the Policy Initiatives Fund 2018/19, categorised under the category ‘Communities’ and charged to City’s Cash.

·      £25,000 be allocated for other work on social mobility currently under development to enable the City Corporation to continue to be a leading voice on social mobility, with delivery of the work to be agreed in consultation with the Policy Chairman.