Crewe inline to receive funding boost

Crewe inline to receive funding boost

Crewe has been provisionally earmarked to receive over £14 million in funding from a share of the Future High Streets Fund it has been announced this morning.

The fund worth almost £1 billion in total and will be shared between 72 towns in the country.

Fifteen towns will share an initial £255 million with Crewe one of the 57 other towns that have been provisionally selected to receive funding totalling £576 million.

The total amount of funding provisally allocated to Crewe is £14,148,128.

The money is designed to help rejuvenate towns amid an ever-changing retail landscape and make the traditional town centre sustainable.

Robert Jenrick, Communities Secretray said:

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.

Today’s £830m 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.

The funding comes at a time where the traditional high street has suffered greatly as a result of the Coronavirus pandemic.

The news comes at a time of huge change in Crewe with the old Royal Arcade currently being demolished and the Market Hall refurbishment set to be completed in spring 2021.

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