72 high streets to share £831m recovery fund, as Sunderland and Swindon get biggest payouts

High street fund worth £830 million shared across England as Sunderland and Swindon get biggest payouts

By Josh Barrie inews.co.uk

The largest sums are to go to Sunderland and Swindon, which will get £25 million each to fund improvements to a railway station and town centre modernisation plan respectively

More than 70 high streets across England will get a share of £830 million to help fund their recovery from the coronavirus pandemic.

The Future High Streets Fund will support areas most in need, with the likes of Swindon, Sunderland, and Tottenham in London all in line to benefit.

Communities secretary Robert Jenrick said the money would “help our much-loved town centres get through this and prosper into the future”.

The fund was initially announced by the then-Chancellor Philip Hammond in the 2018 Budget and is intended to help local authorities modernise and revitalise their town centres.

High streets in need

It was thought up long before coronavirus wrought havoc to the economy, and was, when first conceived, worth £1 billion.

Now standing at £830m, the largest sums are to go to Sunderland and Swindon, which will get £25 million each to fund improvements to a railway station and town centre modernisation plan respectively.

So far, 15 areas have been awarded a share of £255 million, while a further 57 authorities will be given provisional funding worth a total of £576 million.

Mr 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 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.

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

In August last year, Dudley, Dover, Stockport, and Scarborough were also said to be in line for a cash injection.

Vital investment

The Prime Minister Boris Johnson said previously: “Our high streets are right at the heart of our communities, and I will do everything I can to make sure they remain vibrant places where people want to go, meet and spend their money.

“But with our town centres facing challenges, we’re today expanding the High Streets Fund to support over 100 high streets to regenerate – backed by £1 billion of vital investment.

This scheme is going to re-energise and transform even more of our high streets – helping them to attract new businesses, boost local growth, and create new infrastructure and jobs.”

The 15 places recieving full funding are:

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

The 57 places receiving provisional funding offers are:

  1. Leamington Spa– £10,015,121
  2. Nuneaton – £13,362,736
  3. Wolverhampton – £15,760,196
  4. Walsall – £11,439,967
  5. Newcastle-Under-Lyme – £11,048,260
  6. Stafford – £14,377,723
  7. Tottenham – £10,019,648
  8. Woolwich – £17,150,964
  9. Wealdstone – £7,448,583
  10. Putney – £1,058,706
  11. Elland, Calderdale – £6,310,812
  12. Northallerton, Hambleton – £6,085,013
  13. Rotherham – £12,660,708
  14. Halifax – £11,762,823
  15. Barnsley £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 – £17,080,458
  21. Farnworth, Bolton – £13,306,817
  22. Oldham – £10,750,237
  23. Kirkham, Fylde – £6,290,831
  24. Maryport, Allerdale – £11,527,839
  25. Carlisle – £9,129,874
  26. Plymouth – £12,046,873
  27. Barnstable – £6,548,876
  28. Newton Abbot, Teignbridge – £9,199,364
  29. Paignton – £13,363,248
  30. Kingswood – £12,555,464
  31. Salisbury – £9,355,731
  32. Penzance – £10,403, 112
  33. Trowbridge – £16,347,056
  34. Yeovil – £9,756,897
  35. Taunton – £13,962,981
  36. Loftus – £5,833,628
  37. Middlesbrough – £14,170,352
  38. Stockton – £16,543,812
  39. South Shields – £5,959,187
  40. Derby – £15,034,398
  41. Sutton-in-Ashfield – £6,279,872
  42. Grantham – £5,558,818
  43. Grimsby – £17,280,917
  44. Nottingham – £12,523,981
  45. Heanor, Amber Valley – £8,592,837
  46. Northampton – £8,442,730
  47. Buxton – £6,608,223
  48. Dover – £3,202,226
  49. Newhaven – £5,004,939
  50. Chatham – £9,497,720
  51. Ramsgate – £2,704,213
  52. Commercial Road, Portsmouth – £3,122,375
  53. Fratton, Portsmouth – £3,858,489
  54. High Wycombe – £11,886,876
  55. St Neots – £3,748,815
  56. March, Fenland – £6,447,129
  57. Great Yarmouth – £13,774,430

Additional reporting by Press Association