Towns Fund

Stephanie Peacock Excerpts

Thursday 4th February 2021 Commons Chamber

[Paul Bristow (Peterborough) (Con) [R]]

I beg to move,

That this House has considered the Towns Fund.

I thank the Backbench Business Committee for allowing this debate. The United Kingdom is full of hard-working, innovative, entrepreneurial people. We are the fifth-biggest economy in the world, and we are a liberal, free, open and successful economy. A great number of my constituents have good jobs based in London, but lots do not, and many have been left behind, in a rich country like ours, even in good times of growth. It is therefore time to invest in our towns and cities that do not or cannot benefit from London. That is why all Members should welcome promises to level up and unleash the economic potential of towns, cities and rural places across the country. That is why all Members should welcome the towns fund.

The fund will invest £3.6 billion into places like Peterborough, Blackpool, Barrow, Torquay, Darlington, Norwich and Warrington. It will more than pay for itself by stimulating economic growth with a focus on regeneration, improved transport, better broadband connectivity, skills and culture. The plan is to unleash the economic potential of 101 towns and cities across the UK. The towns fund has the potential to change lives.

I want to illustrate the benefits of the towns fund by informing the House about how it will benefit Peterborough. The bid for investment in Peterborough is one of the first seven successful bids as part of phase 1. We have already had £1 million for a shovel-ready local growth project to support 14 parks across the city, but it will deliver nearly £23 million of investment for my city overall. Many other cities and bids are looking to Peterborough to see how we were successful. Where Peterborough leads, other towns and cities follow.

I pay tribute to Matthew Bradbury of the Nene Park Trust, the chair of the towns fund bid, Andy Starnes of CityFibre, the vice-chair, and all those who served on the towns fund board. That board includes councillors and officers from Peterborough City Council and me. I also serve on the board, and that is what makes the towns fund different. It is different not only because this Government believe in the economic potential of these towns and cities, but because Members of this House have been invited to be personally involved in the projects and personally associated with their success or, indeed, failure. We are accountable to the electorate and can hold Ministers to account.

Together with my hon. Friend the Member for North West Cambridgeshire (Mr Vara), who represents the southern part of Peterborough, we have lobbied for and supported the bid from day 1. I am sure that is true for many other Members. The funding will create a new library and a cultural hub on Bridge Street and a centre for lifelong learning, as well as feed into the new skills and the technical university that we are building, bringing highly paid jobs back to our city centre. It will give the impetus for the new developments of the station quarter and north Westgate. It will pump money into Lincoln Road, a vibrant high street in Peterborough that just needs focus, investment and, dare I say it, a little bit of love.

In the words of one local restaurant owner, Zillur Hussain, the fund is a fresh start for Peterborough that builds on our natural advantages, as we are only 40 minutes from London on the main road and rail arteries. We have a history of manufacturing, engineering, science and technology, and we have a wonderful, hard-working, skilful population. This fund is the shot in the arm that will unleash our potential.

The fund will benefit communities across the country and Members across this House. It should not be a partisan political issue. It is a shame that some Opposition Members have sought to make it political, instead of welcoming investment in their constituencies, and I hope that does not happen in this debate.

[Stephanie Peacock (Barnsley East) (Lab)]

Given that 60 of the 61 towns allocated funding were Conservative-held or Conservative target seats, surely it is the hon. Gentleman’s party that has made it party political.

[Paul Bristow]

As I understand it, 101 areas could benefit from that investment. If the Labour party had not ignored those towns and cities, perhaps it would still be representing them.

This fund has happened when the Government are tackling an unprecedented public health crisis. Covid-19 is the biggest challenge this country has faced since world war two. Some might have forgiven the Government if they had paused the initiative while they focused on the pandemic, but rather than doing that, they have powered ahead, giving hope and optimism to places such as Peterborough and helping communities to build back better as we overcome the pandemic.

This funding also includes the future high streets fund, which aims to renew town centres and high streets to make them more attractive places to visit, increasing footfall, driving growth and supporting local businesses. That is exactly what Lincoln Road, Westgate and other parts of Peterborough need. The pandemic has kept people away from the high street. People are eating takeaways and restaurant meals at home, and they are shopping online. My mobile phone boasts not just Deliveroo but, as a result of the pandemic and lockdown, Just Eat and Uber Eats. As convenient as that is, and as good as the hospitality in Peterborough has been at adapting, there is a real fear that hospitality and retail will suffer as we come out of the pandemic because people’s shopping and leisure habits have changed. That is why we need to think differently about town centres and high streets and make them a destination.

We need to create new, innovative high streets offering different things, such as pop-up shops, entertainment, interactive experiences, culture, leisure and mixed use including residential, as well as fun, safe and changing nightlife and hospitality. The towns fund is the catalyst for change, because private sector money and investment will follow, unlocking the potential of our towns and cities.

It is a message of hope, and it shows these communities that the Government and their local MPs have not forgotten them. Will the Minister remain committed to the plan? Will he confirm that there are chances for more towns and cities beyond the 101 already identified to submit bids for the future? Will he stress the importance of local MP engagement and ask all MPs from across the House to get on board with the towns fund and its potential to transform lives?

To conclude, I am all pumped up for Peterborough in 2021, ’22, ’23 and beyond. We have a new university coming, Fletton Quays and a new Government hub; the station quarter, a new cinema and Queensgate expansion is planned; and the Embankment will become an all-year-round destination—and now we have £23 million through the towns fund. We are making the decisions now that will guarantee our future health, wealth and happiness in the future. I am so excited that we are going to unleash our potential, but I am just as excited about this country’s potential, and as we level up and build back better from this pandemic, this is what the towns fund can deliver.

--- Later in debate ---

[Stephanie Peacock (Barnsley East) (Lab)]

It is a pleasure to follow the hon. Member for Blyth Valley (Ian Levy) in this important debate. The Government have talked a good game about levelling up, but it is no more than a slogan for areas like Barnsley. The Labour party supports funding for our towns, but it is crucial that it is done transparently and fairly. Sixty out of the 61 areas that were allocated money by Ministers from the towns fund were in Conservative-held or Conservative target seats. By anyone’s standards, that is not a fair approach. Labour councils have shouldered the pain of cuts to local government over the last decade. Barnsley Council has had the biggest cuts in the country, and that has had a huge knock-on effect on local services, from adult social care to road maintenance and bus services.



A recent report by the Coalfields Regeneration Trust on the impact of coronavirus on older industrial Britain concluded that towns and communities like Barnsley were

“lagging behind before the crisis”

and will therefore find it harder to recover. That is why the Government need to invest in training and skills, rethink cuts to universal credit, which has provided a lifeline for many in my community, and make sure that young people are given access to education, whatever their postcode is.

The pandemic is not a great leveller. As I said in my first speech in this place,

“not all communities are equal”—[Official Report, 12 July 2017; Vol. 627, c. 347.]

and this crisis has further highlighted inequalities. The UK has had the worst recession of any major economy. The Government must now take a different approach: secure our jobs, support our high streets and strengthen our communities through investments that deliver for people in every area, not just those represented by Members on the Government Benches.

--- Later in debate ---

[The Minister for Regional Growth and Local Government (Luke Hall)]

I congratulate my hon. Friend the Member for Peterborough (Paul Bristow) and the Backbench Business Committee on securing what has been an important and passionate debate. We have heard colleagues on both sides of the House speak with passion and enthusiasm about the communities they represent. I am hugely grateful to colleagues on both sides of the House for their contributions, and I will try to address as many of the points raised as possible.

This debate has given us a chance to celebrate the towns fund, which is a cornerstone of our levelling-up agenda. It is helping to reshape towns and cities into places where businesses and communities can thrive. In 2019, we announced that 101 places had been invited to develop proposals for a town deal. The objective of these deals is to drive the regeneration of towns to deliver long-term economic and productivity growth. It has been genuinely inspiring to see town deal boards, communities and representatives of individual places work with local government to do just that.

These towns are spread right across the country. Many are birthplaces of industry that have been centres of commerce for centuries. Others are bastions of the maritime economy across the coastline. They are all different, but the thing they have in common is that they have been left behind as investment has focused on big cities for too long. Town deals are reversing that trend. They are about providing investment and confidence at a crucial time for these communities. We are investing in new uses for often derelict and unloved spaces. We are creating new cultural and economic assets that will benefit communities for years to come, and we are connecting people through better infrastructure, both digital and physical, such as the new walking and cycling routes planned at Torquay and the creation of a new digi-tech factory in Norwich.

It is unsurprising and disappointing to see the Labour party today trot out the same tired old lines attacking this fund, which is investing so much in towns that were neglected for years under the last Labour Government. We heard Labour Members say again today that this fund has been targeted at Conservative-held areas. They are wrong. The majority of towns selected are in either Labour or Opposition-held local authority areas. Those councils have worked with us co-operatively, passionately trying to put together their bids, to deliver investment in their communities, but the Labour party in Westminster is determined to reject the support for those communities and attack these local regeneration projects in towns and cities that they neglected for years and years.

[Stephanie Peacock]

I am grateful to the Minister for giving way, but I am afraid he is completely wrong. Sixty out of 61 towns selected by Ministers were in Conservative-held or Conservative target seats. Barnsley, which I represent, has had the biggest cuts in the country. How could we possibly not have been considered for the fund?

[Luke Hall]

I ask the hon. Lady to check the facts. The majority of these town deals are in Opposition-held council areas.

I was delighted to hear the hon. Member for City of Durham (Mary Kelly Foy) open her speech by saying that no Labour MP will oppose more funding for local government, because she will have the opportunity shortly to vote for a local government finance settlement that will increase councils’ core spending power by 4.5%—a real-terms increase.

The hon. Member for Strangford (Jim Shannon) asked about funding for Northern Ireland and how the Department for International Trade’s high potential opportunities programme is supporting investment across the UK. I can confirm that DIT announced in October the second round of successful bids, with 19 new projects selected, and it is currently working with Invest Northern Ireland to explore even more investment opportunities. I am sure that colleagues in the Department for International Trade will be happy to pick that up with him.

In the face of this relentless negativity from the Labour party, in October last year we announced the first seven towns to have gone through the assessment process and have their plans approved. Among them was Peterborough. I know that my hon. Friend the Member for Peterborough worked closely with the town deal board and helped to develop the ambitious investment plan. I am delighted that it was offered £22.9 million in October. That funding will help to deliver a new enterprise hub to support entrepreneurs and inward investment. It will support healthy lifestyles by making it easier to walk and cycle, and it will further Peterborough’s ambitions for low-carbon living. I thank my hon. Friend and his town board for all their support and help in making this happen.

I also thank my hon. Friend the Member for Blackpool South (Scott Benton) for his remarks this afternoon. It is in large part down to his hard work, alongside that of the town deal board, that Blackpool will receive £39.5 million. This substantial investment reflects the exceptional nature of Blackpool’s proposals and the national significance of what they are planning. We think investing in this iconic British seaside resort has benefits that will reach way beyond the boundaries of the town. The plans include making Blackpool’s famous illuminations even more impressive so that they can attract visitors right around the year and have a huge impact on tourism in the town.

My hon. Friend the Member for Brigg and Goole (Andrew Percy) raised his ambitions for the Goole to Leeds rail link and asked whether we could retain some flexibility in delivering the fund to support places requesting revenue funding as part of the deal. I would say to him that the towns fund criteria are broadly drawn, and intentionally so, to ensure that we give towns as much flexibility as possible to determine their own priorities. It is right that the towns fund is principally about capital investments, but we recognise that in some towns there might be a particular need for an amount of revenue funding, perhaps to support the implementation of a capital project, so we absolutely agree with that.

My right hon. Friend the Member for Harlow (Robert Halfon) talked passionately about his town investment plan, which we received in late October last year. I can assure him that the assessment process is under way and my officials are looking at the details of the plan. I agree with him that it provides the opportunity for Harlow to determine its own future, and I will certainly join him in thanking the Harlow growth board, the chief executive of the council and all the officers who have worked on the bid.

Alongside town deals, we are also investing directly in the high streets that are at the heart of so many of our communities. Too many high streets have seen considerable decline in the past decades, and those challenges have been exacerbated over the last year by covid-19. That is why, on Boxing day, we announced the winners of our future high streets competition, committing up to £830 million to 72 places in England and giving a major boost to local high streets and the many jobs and livelihoods that depend on them.

That investment includes over £11 million for Blyth, which was raised in the debate by my hon. Friend the Member for Blyth Valley (Ian Levy). This will deliver important new cultural and educational facilities and bring vibrancy to the town centre. The investment also includes nearly £18 million for Worcester city centre, which will benefit from the renovation of the popular theatre and the Corn Exchange, and £25 million for Swindon to modernise its town centre. Some £107 million from the future high streets fund has also been allocated to support the regeneration of heritage high streets, and we are doing everything possible to help high streets to survive, adapt and thrive.

My hon. Friend the Member for Peterborough also talked about the need to do more and go further, and he was right to do so, because there is of course more investment to come. At the spending review, we announced the levelling up fund, worth £4 billion, and that will bring infrastructure investment—