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New Fund for historic town centres revealed

Time Published 16th September 2019

Historic shopping centres in England will benefit from a £95m regeneration fund, the Government has said. In all, 69 towns and cities, many of them such as Oswestry, Prescot, Dunstable, Lowestoft, Skipton, Chard and Midsomer Norton served by local councils, will receive the cash for projects aimed at turning disused buildings into shops, houses and community centres.

The largest share of money, £21.1m, will go to the Midlands, with £2m going to restore buildings in Coventry that survived World War Two bombing. The Government’s Future High Street Fund is providing £52m of the money, while £40m will come from the Department for Digital, Culture, Media and Sport. A further £3m is being provided by the National Lottery Heritage Fund.

By region, the funding breaks down as follows:

London and the South East: £14.3m
South West: £13.7m
Midlands: £21.1m
North East and Yorkshire: £17.2m
North West: £18.7m

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