Towns Fund Debate
Full Debate: Read Full DebateDepartment: Department for Levelling Up, Housing & Communities
Antony Higginbotham
Main Page: Antony Higginbotham (Conservative - Burnley)Department Debates - View all Antony Higginbotham's debates with the Department for Levelling Up, Housing & Communities
Towns Fund
Antony Higginbotham Excerpts(3 years, 5 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
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Robert Jenrick
We have made a manifesto commitment that I have repeated many times in this place that we will be bringing forward a UK shared prosperity fund. Further details on that will be set out at the spending review. It will ensure that all the nations of the United Kingdom receive the same level of funding in this Parliament as they received from the EU structural funds that we are moving away from.
Antony Higginbotham (Burnley) (Con)
I have spoken to businesses across Burnley and Padiham, and they are as excited as I am about the prospect of a towns deal. It will bring together the strength of the private sector with Government investment to level up and spur on our economy. I urge the Secretary of State to move at pace to release the next tranche of towns fund deals, so that we can get Burnley’s bid in.
Robert Jenrick
My hon. Friend makes a strong case for Burnley. As I say, we will bring forward that competitive phase early next year, and before the end of this year, I hope to be announcing the successful bidders for the future high streets fund, where we will be ensuring that up to £25 million of investment flows to dozens of communities across the country. It is another fund designed before covid, but it will be ever more important as we see the pressures wreaked on our high streets by the pandemic.