FINANCE

Seven areas across England set to receive nearly £180m investment

Communities in seven areas across England are set to benefit from up to £178.7m in new Town Deals, communities secretary Robert Jenrick has announced.

Communities in seven areas across England are set to benefit from up to £178.7m in new Town Deals, communities secretary Robert Jenrick has announced.

Barrow-in-Furness, Blackpool, Darlington, Peterborough, Norwich, Torquay and Warrington are the first of 101 places to be offered a Town Deal.

These areas will be able to implement proposals submitted to the Government's £3.6bn Towns Fund, which is designed to create jobs and drive growth across the country.

Blackpool will receive £39.5m from the fund to update the Blackpool Illuminations and Torquay will get £21.9m to modernise its town centre.

Peterborough will get £22.9m for – among other things – a skills centre for green technologies, enterprise hub and a new pedestrian bridge.

‘This Government is levelling up opportunity all across the country. We are unlocking the full potential of towns and communities, giving them the support that they need to thrive and the seven Towns Fund Deals that I am announcing today mark the start of locally designed regeneration projects across the country,' said Mr Jenrick.

‘Backed by £180m, we are boosting skills, job creation and connectivity in these seven towns – providing investment and confidence at a crucial time for these communities.'

The Prime Minister announced in July 2019 that the £3.6bn Towns Fund would support an initial 101 town deals across England.

A Town Deal is an agreement in principle between the Government, the lead council and the Town Deal Board that sets out a strategy for the town, and what each party agrees to do to achieve this vision.

FINANCE

Stepping up to the housing challenge

By Martin Ford | 15 April 2025

With the Government intent on ramping up housebuilding figures, the delivery of accompanying infrastructure and affordable housing has never been more import...

FINANCE

Sowing the seeds of ambition

By Dr Helen Paterson | 08 April 2025

A conversation at The MJ Awards has sparked an idea for exposing young people from Northumberland CC and the City of London to careers in both places, writes...

FINANCE

Rewriting the Green Book

By Martin Ford | 07 April 2025

With a Government review of the Treasury’s investment Green Book under way, Martin Ford looks at local government’s efforts to secure changes that could prom...

FINANCE

Lay of the land

By MJ reporters | 24 March 2025

The MJ team breaks down the current state of play after the passing of the deadline for areas to make initial unitary proposals. With the future shape of loc...

Popular articles by William Eichler