Boxing Day hat trick see’s £37 million ploughed into our high streets

Brierley Hill, Wolverhampton and Walsall will benefit from a combined £37 million of investment from the government’s Future High Streets Fund.

The cash will help these areas transform their high streets into vibrant hubs for future generations and to protect and create thousands of jobs.

The awards include £10 million for Brierley Hill, £11.4 million for Walsall and £15.7 million for Wolverhampton.

In a key milestone for the government’s levelling up agenda, this investment will help areas to recover from the pandemic while also driving long term growth.

It will enable the delivery of ambitious regeneration plans, drawn up by places, and fund new local projects such as improvements to transport infrastructure, new homes and the transformation of underused spaces.

The funding will also help to protect and create thousands of jobs in a range of industries, delivering opportunities and prosperity to communities across England. Communities Secretary, Robert Jenrick MP said:

“The year ahead will be a big one for the high street as it seeks to recover, adapt and evolve as a result of the pandemic. Today’s £830 million investment from the Future High Streets Fund is one of many ways the government is working to help our much-loved town centres get through this and prosper into the future.

“The role of high street has always evolved. We want to support that change and make sure that they are the beating heart of their local community – with high quality housing and leisure in addition to shops and restaurants.

“This investment will help us build back better and make town centres a more attractive place to live, work and visit.”

The Future High Streets Fund was launched in December 2018 and is a key part of the government’s plan to renew and reshape town centres – making them a more attractive place to live, work and visit. £107 million of the Future High Streets Fund has been allocated to DCMS to support the regeneration of heritage high streets.

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