• Latest
  • Trending
  • All
  • News
More than 100 projects share £2.1bn levelling up funding

More than 100 projects share £2.1bn levelling up funding

January 21, 2023
FTX Founder SBF Faces Scandal for Bribing $40 Million to Chinese Officials to Unfreeze Alameda’s Crypto Accounts

FTX Founder SBF Faces Scandal for Bribing $40 Million to Chinese Officials to Unfreeze Alameda’s Crypto Accounts

March 28, 2023
XRP Price Rises By 33% Amid Binance-CFTC Debacle: Is It A Good Investment?

XRP Price Rises By 33% Amid Binance-CFTC Debacle: Is It A Good Investment?

March 28, 2023
XRP Defies Crypto Market Chaos with Massive Pump! Here’s How High XRP Price Can Go Next

XRP Defies Crypto Market Chaos with Massive Pump! Here’s How High XRP Price Can Go Next

March 28, 2023
How TMS Network’s (TMSN) Investors Are Making Millions? Even Mask Network (MASK) Holders Want To Jump Ship

How TMS Network’s (TMSN) Investors Are Making Millions? Even Mask Network (MASK) Holders Want To Jump Ship

March 28, 2023
Shiba Inu (SHIB) And Dogecoin (DOGE) Along With RenQ Finance (RENQ) Predicted To Give 50x Returns In 2023

Shiba Inu (SHIB) And Dogecoin (DOGE) Along With RenQ Finance (RENQ) Predicted To Give 50x Returns In 2023

March 28, 2023
SVB, resolved

SVB, resolved

March 28, 2023

Diageo chief Sir Ivan Menezes to step down

March 28, 2023
We are all secretaries now

We are all secretaries now

March 28, 2023
Military briefing: why Ukraine wants to neutralise Russia’s bases in Crimea

Military briefing: why Ukraine wants to neutralise Russia’s bases in Crimea

March 28, 2023
Middle East on ‘radar’ of global investors as it enjoys IPO boom

Middle East on ‘radar’ of global investors as it enjoys IPO boom

March 28, 2023
Are Your Digital Platforms Wasting Your Customers’ Time?

Are Your Digital Platforms Wasting Your Customers’ Time?

March 28, 2023
Leaders Need to Get Comfortable Collaborating on Strategy

Leaders Need to Get Comfortable Collaborating on Strategy

March 28, 2023
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, March 28, 2023
  • Login
WallStreetReview
  • Home
  • News
  • Contact WSR
No Result
View All Result
WallStreetReview
No Result
View All Result
Home News

More than 100 projects share £2.1bn levelling up funding

by Editor
January 21, 2023
in News
0
More than 100 projects share £2.1bn levelling up funding
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Among the big projects securing cash are the Eden Project North visitor attraction in Morecambe, a new AI campus in Blackpool, a new rail link in Cornwall, and a major regeneration scheme in Gateshead.

A total of 111 areas have been awarded funding from the second round of the government’s flagship Levelling Up Fund.

Major funding awards


  • Eden Project North will receive £50m to transform a derelict site on Morecambe’s seafront into a world class visitor attraction. It will also kick-start regeneration more widely in Morecambe.
  • Cardiff Crossrail has been allocated £50m to improve the journey to and from the city and raise the economic performance of the wider region.

    Blackpool £70m town centre multiversity campus that could accommodate 3,600 students

  • Blackpool Council and Wyre Council gets £40m to deliver a new Multiversity, a carbon-neutral, education campus in Blackpool’s Talbot Gateway Central Business District.
  • A total of £20m is going towards the regeneration of Gateshead Quays and the Sage, which will include a new arena, exhibition centre, hotels, and other hospitality.
  • A £50m grant will help create a new direct train service, linking 4 of Cornwall’s largest urban areas: Newquay, St Austell, Truro, and Falmouth/Penryn.
  • There is £5.1m to build new female changing rooms in 20 rugby clubs across Northern Ireland.

Click here to download full list of funded projects

The successful councils will now have to get projects rolling to meet the 2025 deadline for spending the cash.

Arcadis UK Cities Director Peter Hogg said: “It’s now critical for local authorities that are successful to move quickly and decisively.

“The deadline for spending the money of March 2025 is a challenging one – particularly as inflation has soared in the interim.

“Authorities will need to rapidly move projects through the design phases, complete any land acquisition, secure planning approvals, appoint contractors and move into delivery – no mean feat, especially with no shortage of competing priorities for local government time and resources.”

The government has also confirmed there will be a further round of the Levelling Up Fund but has given no date for bid submissions.

Developing better transport links

More than £670m has been allocated to 26 projects across the United Kingdom to improve transport links.

This includes £40m for the West Yorkshire Combined Authority to transform its bus services.

Nearly £27m has been guaranteed for a new roll-on, roll-off ferry for the Shetland Fair Isle in Scotland, providing a lifeline for the community, visitors and vital supply chains.

Revitalising towns and cities
Over £760m is being provided to regenerate towns and cities and unlock thousands of new homes.

Accrington Market Hall to be renovated

This includes £20m to regenerate Accrington town centre, which will see the renovation of the Grade II listed Accrington Market Hall into a bustling food hall and trading space and the refurbish of the vacant and dilapidated Burtons Chambers and Market Chambers into band-new office spaces.

There is £18m for a transformation of Cleethorpes seafront, including the historic market square and regenerating Pier Gardens.

The construction of Willenhall Garden City in Walsall will be accelerated by a £20m grant, which will unlock a £210m regeneration plan, enabling the delivery of new homes, parks, and a railway station.

Artist impression of planned Willenhall Garden City

More than £17m will level up Leek Town Centre through a refurbishment plan that will upgrade the old market halls for new business use, upgrade the public library and museum, and create a swimming facility as part of wider town centre regeneration.

Restoring local heritage
£545m will restore local landmarks and protect them for generations to come.

This includes nearly £18m to transform the Grand Pavilion in Porthcawl, one of the most recognisable buildings in South Wales, which is currently deteriorating after years of piecemeal refurbishments.

There is £20m to restore the Grade II listed Haigh Hall in Wigan, which will rejuvenate the area and make the site a popular destination for culture, community, events and hospitality.

Read More

Share196Tweet123Share49
Editor

Editor

  • Trending
  • Comments
  • Latest
Trudeau Invokes Rare Emergency Powers To Shut Down ‘Freedom Convoy’ Blockades

Trudeau Invokes Rare Emergency Powers To Shut Down ‘Freedom Convoy’ Blockades

February 15, 2022
Canada’s OSC Flags Tweets From Coinbase, Kraken CEOs

Canada’s OSC Flags Tweets From Coinbase, Kraken CEOs

February 22, 2022

Scaling Up Your Freelancing Career to a Small Business

June 26, 2022
Scholz to warn Putin of western resolve on Ukraine

Scholz to warn Putin of western resolve on Ukraine

0
Waning stockpiles drive widespread global commodity crunch

Waning stockpiles drive widespread global commodity crunch

0
FT Global MBA Ranking 2022: US business schools dominate

FT Global MBA Ranking 2022: US business schools dominate

0
FTX Founder SBF Faces Scandal for Bribing $40 Million to Chinese Officials to Unfreeze Alameda’s Crypto Accounts

FTX Founder SBF Faces Scandal for Bribing $40 Million to Chinese Officials to Unfreeze Alameda’s Crypto Accounts

March 28, 2023
XRP Price Rises By 33% Amid Binance-CFTC Debacle: Is It A Good Investment?

XRP Price Rises By 33% Amid Binance-CFTC Debacle: Is It A Good Investment?

March 28, 2023
XRP Defies Crypto Market Chaos with Massive Pump! Here’s How High XRP Price Can Go Next

XRP Defies Crypto Market Chaos with Massive Pump! Here’s How High XRP Price Can Go Next

March 28, 2023
WallStreetReview

Copyright © 1999-2023. WallStreetReview.com

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Home
  • News

Copyright © 1999-2023. WallStreetReview.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Don't miss the

NEWSLETTER

Exclusive editorial

Breaking News

Quality Company Coverage

Expert Writers

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

WallStreetReview will use the information you provide on this form to be in touch with you and to provide updates and marketing.