Government invests £830m to help high streets recover amid coronavirus (COVID-19)

Government invests £830m to help high streets recover amid coronavirus (COVID-19)

The government has announced that it will invest up to £830m from the Future High Streets Fund to help 72 areas in England recover from the coronavirus (COVID-19) pandemic. According to the government, the funding will be used to help areas change their high streets into 'vibrant hubs for future generations and protect and create thousands of jobs', as well as allow the delivery of ambitious regeneration plans and fund new local projects, such as transport infrastructure developments, new homes and the transformation of underused spaces.

In addition, the funding will help protect and create thousands of jobs in a range of industries and deliver new opportunities and prosperity to communities across England. Confirmed plans include:

• £24.6m funding to help the delivery of 186 new homes, road safety improvements and a permanent new space for the historic market in Birkenhead

• £17.9m to support Worcester town centre by improving the Scala Theatre and Corn Exchange, transforming underused space to create new homes for first time buyers and improving connectivity

• £25m funding to help Swindon’s plans to modernise its town centre, including a new public transport hub and improved cycle and pedestrian routes

Source: £830 million funding boost for high streets

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