Unfortunately, in terms of regeneration £40m doesn’t go very far.
“£40m for new coastal funding round
Ministers have confirmed that £40m will be available through the next round of a fund to support coastal communities. The government has already provided £170m for 278 projects around the country since the Coastal Communities Fund was launched in 2012. Coastal communities minister Jake Berry said: “This year is already looking like another record year for staycations and our latest round of funding will help attract even more visitors to the great British coast so that our coastal communities can thrive.”