The government stripped the council of control of children's services in February 2015, appointing commissioners to oversee provision, after the scale of child sexual exploitation in the town came to light alongside the authority's repeated failures to address the abuse.
In a statement to parliament, Brokenshire said the council has made strong progress since then.
Having carefully considered evidence provided by our commissioners, I am minded to return all powers," he said.
"This is not a decision I take lightly, but I am assured the council has turned itself around and is now providing the services that its residents deserve and expect."
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