- Dozens of locations across the country will benefit from the investment .
- Culture Secretary says innovative programme will make our heritage work for modern life.
A new £62 million fund will breathe new life into historic high streets across the country, Culture Secretary Jeremy Wright announced today.
High streets lie at the heart of communities but are under increasing pressure as more people choose to shop online.
Building on successful programmes, the funding will be used to regenerate places by turning disused or underused buildings into creative spaces, offices, retail outlets and housing.
It is part of the Government’s ongoing work to help high streets adapt to changing consumer habits.
Culture Secretary Jeremy Wright said:
Our heritage makes communities more attractive places to live, work and visit.
This £62 million investment will breathe new life into high streets right across the country, benefiting local people and businesses, as well as providing assistance to much-loved historic buildings.
It is right that we do all we can to not only protect our heritage, but make it work for modern life so it can be enjoyed by as many people as possible.
Today’s initiative is part of the government’s comprehensive plan for High Streets announced at last year’s Budget, including a £675 million Future High Streets Fund and a £1 billion business rates discount for small high street retailers.