Gov pledges £830m to rescue high street

The government has pledged up to £830 million in funding to help High Streets recover from the pandemic.

The funding, which is part of the Future High Streets Fund, is to be invested in 72 areas across England.

£255 million in funding across 15 areas has been confirmed, while a further 57 areas have received provisional funding offers of up to £576 million.

The 15 places who are receiving full funding are:

1. Tamworth Town Centre – Tamworth, £21,652,555
2. Sunderland City Centre – Sunderland, £25,000,000
3. Sutton – Sutton, £11,346,704
4. Bishop Auckland – Durham, £19,856,853
5. Blyth Town Centre – Northumberland, £11,121,059
6. Kidderminster – Wyre Forest, £20,510,598
7. Old Kent Road – Southwark, £9,605,854
8. Swindon – Swindon, £25,000,000
9. Stockport – Stockport, £14,500,000
10. Winsford – Cheshire West and Chester, £9,980,000
11. Sheffield High Street – Sheffield, £15,817,001
12. Blackfriars, Northern City Centre – Worcester, £17,939,000
13. Birkenhead – Wirral, £24,581,011
14. Brierley Hill High Town Centre – Dudley, £9,985,689
15. Stretford – Trafford, £17,605,674

The 57 places receiving provisional funding offers are:

1. Leamington Town Spa, Warwick (Warwickshire) – £10,015,121
2. Nuneaton Town Centre, Nuneaton and Bedworth (Warwickshire) –£13,362,736
3. Wolverhampton City Centre – £15,760,196
4. Walsall – £11,439,967
5. Newcastle-Under-Lyme – £11,048,260
6. Stafford – £14,377,723
7. Tottenham, Haringey – £10,019,648
8. Woolwich Town Centre, Greenwich – £17,150,964
9. Wealdstone, Harrow – £7,448,583
10. Putney Town Centre, Wandsworth – £1,058,706
11. Elland Town Centre, Calderdale (West Yorkshire) – £6,310,812
12. Northallerton, Hambleton (North Yorkshire) – £6,085,013
13. Rotherham – £12,660,708
14. Halifax – £11,762,823
15. Barnsley Towns Centre – £15,624,456
16. Scunthorpe – £10,675,323
17. New Ferry, Wirral – £3,213,523
18. Wigan – £16,633,691
19. Crewe – £14,148,128
20. Rochdale (Greater Manchester) – £17,080,458
21. Farnworth, Bolton (Greater Manchester) – £13,306,817
22. Oldham – £10,750,237
23. Kirkham Town Centre, Fylde – £6,290,831
24. Maryport Town Centre, Allerdale – £11,527,839
25. Carlisle City Centre – £9,129,874
26. Plymouth City Centre – £12,046,873
27. Barnstaple, North Devon – £6,548,876
28. Newton Abbot, Teignbridge – £9,199,364
29. Paignton, Torbay – £13,363,248
30. Kingswood, South Gloucestershire – £12,555,464
31. Salisbury City Centre – £9,355,731
32. Penzance, Cornwall – £10,403,112
33. Trowbridge, Wiltshire – £16,347,056
34. Yeovil – £9,756,897
35. Taunton, Somerset – £13,962,981
36. Loftus, Redcar and Cleveland – £5,833,628
37. Middlesbrough Centre – £14,170,352
38. Stockton – £16,543,812
39. South Shields – £5,959,187
40. Derby City Centre, St Peters Cross – £15,034,398
41. Sutton-in-Ashfield (Nottinghamshire) – £6,279,872
42. Grantham, South Kesteven (Lincolnshire) – £5,558,818
43. Grimsby (North East Lincolnshire) – £17,280,917
44. Nottingham City Centre, West End Point – £12,523,981
45. Heanor, Amber Valley – £8,592,837
46. Northampton – £8,442,730
47. Buxton, High Peak – £6,608,223
48. Dover Town Centre and Waterfront – £3,202,226
49. Newhaven, Lewes – £5,004,939
50. Chatham Town Centre, Medway – £9,497,720
51. Ramsgate, Thanet – £2,704,213
52. Commercial Road, Portsmouth (Hampshire) – £3,122,375
53. Fratton, Portsmouth – £3,858,489
54. High Wycombe – £11,886,876
55. St Neots, Huntingdonshire – £3,748,815
56. March High Street, Fenland – £6,447,129
57. Great Yarmouth – £13,774,430

“The year ahead will be a big one for the high street as it seeks to recover, adapt and evolve as a result of the pandemic,” said Robert Jenrick MP, communities secretary. “Today’s £830 million investment from the Future High Streets Fund is one of many ways the government is working to help our much-loved town centres get through this and prosper into the future.

“The role of high street has always evolved. We want to support that change and make sure that they are the beating heart of their local community – with high quality housing and leisure in addition to shops and restaurants.”

Chancellor of the exchequer, Rishi Sunak, said: “We are supporting our high streets to get through this pandemic through business grants, paying people’s wages and tax deferrals.

He added: “The Future High Streets Fund will help areas bounce back through regeneration projects that level up opportunities and create jobs right across the country.”

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