Hull To Benefit From £95 Million Regeneration Fund

Historic towns and cities around England look set to benefit from a new regeneration fund totalling £95 million to help revitalise struggling high streets around the country by transforming old and abandoned buildings into houses, shops and community centres.

In all, 69 towns and cities will benefit from the funding, with the Midlands winning the biggest share of the pot at £21.1 million, the Guardian reports.

In the north-east and Yorkshire, Hull, Leeds, Huddersfield, Hexham, Barnsley, Middlesborough, North Shields, Scarborough, Northallerton, Castle Ward, Selby, Skipton, Wakefield and Sowerby Bridge will all benefit from the cash injection. In all, some £17.2 million has been made available for this part of England.

According to the news source, 16 shops shut down every day in the first half of this year, a crisis that has been driven by the rise in online shopping, which has already resulted in the loss of tens of thousands of jobs.

The government has said that this new wave of funding would help to bring in commercial investment and help support wider regeneration in the 69 different places were successful in their bids for the cash.

Nicky Morgan, culture secretary, commented: “Our nation’s heritage is one of our great calling cards to the world, attracting millions of visitors to beautiful historic buildings that sit at the heart of our communities.”

Construction in Hull and the surrounding areas has been going great guns recently, it would seem, with figures from Hull City Council showing that the city has smashed its housing delivery targets with more than 2,500 new properties built in the last three years.

The Hull Daily Mail recently reported that between 2015 and 2018, 2,514 homes were built, a 165 per cent increase on the central government-set target of 1,523.

East Riding Council also fared well, surpassing its target of 2,891, with 3,307 properties built over the three-year period.

John Black, portfolio holder for housing with Hull City Council, congratulated local planning and housing teams for surpassing the housing delivery targets, adding: “This authority has a tremendous recent record on the delivery of new housing and this is just the latest example.”

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