Latest Public Sector News

09.07.19

Government unveils £675m Future High Streets Fund shortlist

The government has revealed the winners of the first phase of a multi-million-pound fund to transform local high streets, with 51 areas of the country through to the second phase.

The £675m Future High Streets Fund, launched at the end of 2018, is aimed at helping local government leaders reinvent their town centres and making them “fit for the future.”

Northern powerhouse and high streets minister Jake Berry announced the winners, with the successful towns receiving up to £150,000 of new funding to work up detailed project proposals based on their initial plans.

Speaking ahead of a visit to Morecambe, Berry said: “High Streets are a crucial part of our local economies and people care about them because they are also the centres of their community.”

“But we recognise that changing consumer behaviour and the rise of online shopping presents a significant challenge and that’s why we are taking action to help them evolve.

“Many of our high streets are successfully re-inventing themselves and with these new plans now in development, local leaders, who know their areas best, will be driving forward the transformation of their town centres into further great success stories.”

fargate-consult-1000x600

Winners include Whitehaven in Cumbria down to Penzance in Cornwall, as well as Hull, Sheffield, Northampton, Wigan, South Shields and Morecambe, who all have until spring 2020 to submit their final business cases.

The Ministry of Housing, Communities and Local Government will work closely with the winners, focusing on the areas with “shovel ready” projects.

According to MHCLG, there were more than 300 bids to the fund, and the 51 successful applicants have no guarantee of further funding for projects if the proposals put forward are not sufficiently developed.

Prime minister Theresa May commented: “Our high streets lie at the heart of local communities – creating jobs, boosting the economy and helping small businesses thrive.

“But new technology and changes in the way we shop means they also face growing challenges, so I’m delighted over 50 towns will initially benefit from this scheme.

“The funding will breathe new life into town centres and – together with measures such as small business rate cuts and opening up empty shops – will transform our high streets for the future.”

Comments

There are no comments. Why not be the first?

Add your comment

 

public sector executive tv

more videos >

last word

Prevention: Investing for the future

Prevention: Investing for the future

Rob Whiteman, CEO at the Chartered Institute of Public Finance (CIPFA), discusses the benefits of long-term preventative investment. Rising demand, reducing resource – this has been the r more > more last word articles >

public sector focus

View all News

comment

Peter Kyle MP: It’s time to say thank you this Public Service Day

21/06/2019Peter Kyle MP: It’s time to say thank you this Public Service Day

Taking time to say thank you is one of the hidden pillars of a society. Bei... more >
How community-led initiatives can help save the housing shortage

19/06/2019How community-led initiatives can help save the housing shortage

Tom Chance, director at the National Community Land Trust Network, argues t... more >

interviews

Artificial intelligence: the devil is in the data

17/12/2018Artificial intelligence: the devil is in the data

It’s no secret that the public sector and its service providers need ... more >

the raven's daily blog

NSPCC: Working together to improve the support available for children who have been sexually abused

08/10/2019NSPCC: Working together to improve the support available for children who have been sexually abused

Hayley Clark, the acting head of development and impact at the NSPCC, talks about the significant gap in support services for children who have been sexually abused and the Ho... more >
read more blog posts from 'the raven' >

editor's comment

25/10/2017Take a moment to celebrate

Devolution, restructuring and widespread service reform: from a journalist’s perspective, it’s never been a more exciting time to report on the public sector. That’s why I could not be more thrilled to be taking over the reins at PSE at this key juncture. There could not be a feature that more perfectly encapsulates this feeling of imminent change than the article James Palmer, mayor of Cambridgeshire and Peterborough, has penned for us on p28. In it, he highlights... read more >