The Prime Minister has expanded the Future High Streets Fund, confirming that another 50 towns in England will be given a share of £1 billion to reenergise their high streets.
In Ramsgate the Prime Minister and the Communities Secretary have invited Thanet District Council to develop a plan for how it will spend its share of £1 billion.
This additional funding is part of the Prime Minister’s £3.6 billion Towns Fund announced last month which will ensure that towns are getting the improved transport and the improved broadband connectivity that they need to boost local growth and create more jobs.
Craig Mackinlay MP commented:
“I am delighted that Ramsgate will receive an immediate £150,000, and that Thanet District Council can develop proposals that will genuinely keep the high street at the beating heart of the community.
“We’re not there yet, but this is a significant step towards bringing new life into the High Street.”
The Prime Minister, Boris Johnson said:
“Our high streets are right at the heart of our communities, and I will do everything I can to make sure they remain vibrant places where people want to go, meet and spend their money.
“But with our town centres facing challenges, we’re today expanding the High Streets Fund to support over 100 high streets to regenerate – backed by £1 billion of vital investment.
“This scheme is going to reenergise and transform even more of our high streets – helping them to attract new businesses, boost local growth, and create new infrastructure and jobs.”