Just over seventy (72) English High Streets are set to receive a portion from the £830 million budget allocated by the government to help improve transport links, build new homes, and transform underused spaces, as part of a plan to help them recover from the pandemic.
The funding is part of the government’s levelling-up agenda and will help to provide a much-needed boost for towns as shoppers and visitors return to high streets as lockdown eases.
It forms part of the government’s plan to protect, create and support thousands of jobs in varying industries, whilst creating opportunities and prosperity to communities across the nation.
Communities Secretary Rt Hon Robert Jenrick MP said “This funding is part of wider support we are providing to communities and businesses, to protect jobs, support the most vulnerable and ensure no one is left behind as we recover from the pandemic.
This investment will make a huge difference to towns and cities across England and transform them in desired places to shop, visit, live and work. The Future High Streets Fund will support towns, communities, and businesses as we get back to enjoying the best of what the high street has to offer.
The Future High Streets Fund Launched in December 2018 and is a key part of this government’s plan to renew and reshape town centres – making them a more attractive place to live, work and visit. It is just one of the ways the government is supporting the retail and hospitality sector.”
Notable high streets receiving some funding in the Eastern Echo and Thames Tap regions include Northampton (£8,427,625), High Wycombe (£11,779,904), St Neots, Huntingdonshire (£3,748,815), March High Street, Fenland (£6,447,129) and Great Yarmouth (£13,774,430).
© Eastern Echo (powered by ukpropertyforums.com).
Sign up to receive your free monthly Eastern Echo newsletter here.