Burnham pledges extra £210m towards regenerating boarded-up high streets
Summary
The UK government has promised £210 million to improve high streets by turning empty shops, pubs, and clubs into shared workspaces, cafes, and community centers. This money aims to support local communities in revitalizing their towns and help struggling areas recover from economic challenges.Key Facts
- £210 million will be used to transform boarded-up shops, pubs, and clubs into useful community spaces.
- £125 million of this funding goes to local councils to renovate abandoned buildings into places like community halls and health centers.
- £65 million will help communities save and improve at-risk businesses such as pubs and clubs.
- £20 million will be split to support co-operative business ownership and fill long-vacant properties through rental auctions.
- The funding focuses on community-led projects and adds to an existing £5.8 billion program for local regeneration.
- A full government strategy to improve high streets across England will be announced later this year.
- Research shows people feel high streets have declined more than other local areas, with many stores closing and increased shoplifting.
- Co-operative pubs have grown 48% in five years but still represent a small part of the hospitality industry.
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