Government unveils £210 million high street revival plan

The Government has unveiled a £210 million package aimed at regenerating communities and high streets.

Vacant shopping centres, disused cinemas and abandoned local eyesores across England will be revamped, according to the plans. 

Westminster says a £125 million derelict buildings fund will be available to transform mothballed and dilapidated buildings.

A further £85 million pot is focused on helping communities take over neglected pubs, clubs and shops, with £65 million ringfenced for rescuing businesses and buildings at risk of closure and £20 million aimed at helping communities set up co-operative businesses and let out empty units in high street rental auctions. 

It forms part of funding earmarked by the Ministry of Housing, Communities and Local Government for high street support and regeneration. 

Prime Minister Andy Burnham said: “People don’t measure growth by looking at a spreadsheet; they measure it by looking at their local high street.

“Are shops opening or are the shutters down? Does the place feel like it’s moving forward or being left behind?

“The truth is that too many high streets have been left to hollow out, leaving town centres a shell of what they once were.

“This funding will help put power back into the hands of locals who know their area best.”

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