William Eichler 20 May 2019

£62m fund to regenerate historic high streets

The culture secretary has said that a new £62m fund will ‘breathe new life’ into historic high streets across the country.

The fund will be used to regenerate places by turning disused or underused buildings into creative spaces, offices, retail outlets and housing.

‘Our heritage makes communities more attractive places to live, work and visit,’ said the culture secretary Jeremy Wright.

‘This £62m investment will breathe new life into high streets right across the country, benefiting local people and businesses, as well as providing assistance to much-loved historic buildings.

‘It is right that we do all we can to not only protect our heritage, but make it work for modern life so it can be enjoyed by as many people as possible.’

The initiative is part of the Government’s plan for high streets announced at last year’s Budget, including a £675m Future High Streets Fund and a £1bn business rates discount for small high street retailers.

Research has shown that for every £1 invested in heritage in England, £1.60 is brought into the wider area.

Communities Secretary James Brokenshire commented: ‘We’re absolutely committed to seeing our high streets thrive now and in the future. That’s why we put a plan to secure the future of the high street, and are taking action to ensure they can adapt to changing consumer demand and the rise of online shopping.

‘This welcome announcement will help the high street to capitalise on local heritage by restoring treasured historic buildings for economic use. This is a proven way to drive footfall, increase further investment and generate even greater civic pride in our high streets.’

SIGN UP
For your free daily news bulletin
Highways jobs

Fair Trading Officer

Northumberland County Council
£14,587 - £16,399
Northumberland County Council provides a large and diverse range of services across one of the largest counties in England. Northumberland
Recuriter: Northumberland County Council

Communications Support Assistant

Northumberland County Council
£19,650
Our people are the heart of Northumberland, which is why we place such importance on ensuring staff are engaged, informed and feel valued. Northumberland
Recuriter: Northumberland County Council

Senior Support Worker - Support at Home Service (South Cumbria)

Cumbria County Council
£25,927 - £26,446
The Support at Home Service provides both domiciliary and reablement services, as part of the wider Provider Services Team. Cumbria
Recuriter: Cumbria County Council

Head of Service - Children in Care

Sandwell Children's Trust
£65,831 - £75,240
You will have strategic and overall responsibility for ensuring that assessments and plans for children in care and care leavers. Sandwell, West Midlands (Hybrid Working)
Recuriter: Sandwell Children's Trust

Performance Assistant -Focus Family Team

Cumbria County Council
£28,226 - £29,174
We are looking for an experienced, enthusiastic, and driven Performance Assistant within our Focus Family Team. Cumbria
Recuriter: Cumbria County Council

Partner Content

Circular highways is a necessity not an aspiration – and it’s within our grasp

Shell is helping power the journey towards a circular paving industry with Shell Bitumen LT R, a new product for roads that uses plastics destined for landfill as part of the additives to make the bitumen.

Support from Effective Energy Group for Local Authorities to Deliver £430m Sustainable Warmth Funded Energy Efficiency Projects

Effective Energy Group is now offering its support to the 40 Local Authorities who have received a share of the £430m to deliver their projects on the ground by surveying properties and installing measures.

Pay.UK – the next step in Bacs’ evolution

Dougie Belmore explains how one of the main interfaces between you and Bacs is about to change.