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Old Kent Road among London high streets to share £830 million Government funding boost

Photo of Newsroom NewsroomDecember 26, 2020
19 2 minutes read
standard– London’s Old Kent Road is among 70 high streets across England that will receive a share of £830 million of Government funds to help boost their recovery from the coronavirus pandemic.

A total of 15 high streets have been awarded £255 million while a further 57 areas will be given provisional funding worth a total of £576 million.

Old Kent Road in Southwark, an area that was expected to see major development in 2020, will receive £9,605,854.

Tottenham (£10,019,648), Woolwich (£17,150,964), Wealdstone (£7,448,583) and Putney (£1,058,706) will also receive provisional funding.

Communities secretary Robert Jenrick said the money from the Future High Streets Fund would “help our much-loved town centres get through this and prosper into the future”.

The fund, initially announced by then-Chancellor Philip Hammond in the 2018 Budget, is intended to help local authorities modernise and revitalise their town centres and was thought up long before the Covid-19 crisis wrought havoc to the economy.

The largest sums are to go to Sunderland and Swindon, who will get £25 million each, to fund improvements to a railway station and town centre modernisation plan respectively.

“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,” said Mr Jenrick.

“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.

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

Here is the full list of high steets that will receive a share of the funding boost:

  1. Tamworth: £21,652,555
  2. Sunderland: £25,000,000
  3. Sutton: £11,346,704
  4. Bishop Auckland: £19,856,853
  5. Blyth: £11,121,059
  6. Kidderminster: £20,510,598
  7. Old Kent Road, Southwark: £9,605,854
  8. Swindon: £25,000,000
  9. Stockport: £14,500,000
  10. Winsford: £9,980,000
  11. Sheffield: £15,817,001
  12. Blackfriars, Worcester: £17,939,000
  13. Birkenhead: £24,581,011
  14. Brierley Hill: £9,985,689
  15. Stretford: £17,605,674

And the full list of 57 places that will receive provisional funding:

  1. Leamington Spa: £10,015,121
  2. Nuneaton: £13,362,736
  3. Wolverhampton: £15,760,196
  4. Walsall: £11,439,967
  5. Newcastle-under-Lyme: £11,048,260
  6. Stafford: £14,377,723
  7. Tottenham: £10,019,648
  8. Woolwich: £17,150,964
  9. Wealdstone: £7,448,583
  10. Putney: £1,058,706
  11. Elland: £6,310,812
  12. Northallerton: £6,085,013
  13. Rotherham: £12,660,708
  14. Halifax: £11,762,823
  15. Barnsley: £15,624,456
  16. Scunthorpe: £10,675,323
  17. New Ferry, Wirral: £3,213,523
  18. Wigan: £16,633,691
  19. Crewe: £14,148,128
  20. Rochdale: £17,080,458
  21. Farnworth, Bolton: £13,306,817
  22. Oldham: £10,750,237
  23. Kirkham, Fylde: £6,290,831
  24. Maryport, Allerdale: £11,527,839
  25. Carlisle: £9,129,874
  26. Plymouth: £12,046,873
  27. Barnstable: £6,548,876
  28. Newton Abbot: £9,199,364
  29. Paignton: £13,363,248
  30. Kingswood: £12,555,464
  31. Salisbury: £9,355,731
  32. Penzance: £10,403, 112
  33. Trowbridge: £16,347,056
  34. Yeovil: £9,756,897
  35. Taunton: £13,962,981
  36. Loftus: £5,833,628
  37. Middlesbrough: £14,170,352
  38. Stockton: £16,543,812
  39. South Shields: £5,959,187
  40. Derby, St Peters Cross: £15,034,398
  41. Sutton-in-Ashfield: £6,279,872
  42. Grantham: £5,558,818
  43. Grimsby: £17,280,917
  44. Nottingham, West End Point: £12,523,981
  45. Heanor: £8,592,837
  46. Northampton: £8,442,730
  47. Buxton: £6,608,223
  48. Dover: £3,202,226
  49. Newhaven: £5,004,939
  50. Chatham: £9,497,720
  51. Ramsgate: £2,704,213
  52. Commercial Road, Portsmouth: £3,122,375
  53. Fratton, Portsmouth: £3,858,489
  54. High Wycombe: £11,886,876
  55. St Neots: £3,748,815
  56. March, Fenland: £6,447,129
  57. Great Yarmouth: £13,774,43
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Photo of Newsroom NewsroomDecember 26, 2020
19 2 minutes read
Photo of Newsroom

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