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UK high streets to get 830 million pound boost


UK high streets to get 830 million pound boost

The UK government has announced an 830 million pound boost to high
streets to help them recover from the pandemic.

The money, from the Future High Streets Fund, will help 72 areas in
England and protect thousands of jobs, communities secretary Robert Jenrick
announced on Boxing Day.

Confirmed plans include 17.9 million pounds to renovate Worcester town
centre, and 25 million pounds to do the same in Swindon.

Jenrick said: “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. Today’s
830 million pound 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.

“This investment will help us build back better and make town centres a
more attractive place to live, work and visit.”

The Future High Streets Fund was launched in December 2018 as a major
project to revamp town centres across the country.

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

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

Photo credit: FashionUnited



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