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Four towns in Cornwall to get money to help high streets

Four towns in Cornwall to get money to help high streets

Published by Sarah Yeoman at 11:17am 1st July 2020.

Four towns across Cornwall are set to benefit from a share of £96m to help their high streets.

The Prime Minister announced the extra funding to level up 101 towns across England, including nine in the south west.

It is part of a wider economic package to accelerate infrastructure projects, fuelling jobs and the country’s economic recovery following coronavirus.

The towns that have been selected to receive investment via the government's Towns Fund will each receive between £500,000 and £1million to spend on projects such as improvements to parks, high streets and local transport.

In Cornwall, Camborne, Penzance, St Ives and Truro will get a slice of the cash.

They are receiving the funding as they are among the 101 towns previously selected for town deals.

Camborne town centre

“I am delighted that nine South West towns will receive at least £500,000 each from the Towns Fund this year – ahead of schedule – enabling local leaders to accelerate plans that will transform these communities and help them to thrive as we move beyond the coronavirus pandemic.

“I welcome the Prime Minister’s commitment to invest in infrastructure to unite and level up the country as we come through the coronavirus pandemic.

“The £5billion to bring forward infrastructure projects of all types, from better connected, more modern high streets to new schools and roads, will help to create new jobs and opportunities in the South West and beyond.”

Peter Booth, chairman of South West Conservatives

market jew street penzance

The Towns Fund is targeted at areas with proud industrial and economic heritage that have not always benefitted from economic growth in the same way as more prosperous areas.

The government says that the announcement brings the first tranche of money from the fund to help each area meet some of the immediate challenges they face as a result of Covid-19 and invest in shovel ready projects that will improve their town centres forward, from new cycle lanes and better pedestrian access to re-purposing empty shops to create new community spaces.

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