Home 9 Business 9 £150m Fund to Breathe New Life into UK High Streets

£150m Fund to Breathe New Life into UK High Streets

Government Invests in High Streets to Restore Community Pride

The UK government has announced a new £150 million fund designed to help revitalise high streets and restore pride in local communities across the country. The investment is part of a wider strategy to support town centres that have faced years of decline as shops close and footfall falls.

The cash package will be focused on areas hit hardest in recent years, with local councils and community groups able to use the money to reopen empty units, enhance neglected shop fronts, and support independent businesses. This initiative is the first step in the government’s broader High Streets Strategy, which is expected to set out further measures in the coming months.

Communities Secretary Steve Reed said the fund will help bring people back onto high streets, making them vibrant meeting places once again. He described high streets as “the beating heart of Britain” and highlighted the importance of local shops, services and social spaces in towns and cities.

The £150 million funding builds on measures already introduced to support town centres, including powers for councils in England to refuse new betting shops and vape stores, backing for over a thousand local pubs offering community services, and rejuvenation work in some of the most deprived areas. These efforts form part of the government’s Pride in Place programme, which aims to give communities more control over local regeneration.

Key benefits of the fund

  • Supports reopening of empty retail units and enhances high street appeal
  • Helps independent and local businesses thrive
  • Improves neglected shop fronts and public spaces
  • Empowers communities through local decision making

Further details on where and how the funding will be allocated are expected to be published later this year.

Article published: 1 February 2026

Filed under: Business

Original Article Source:
GOV.uk

Image Credit: Midsomer Norton Today

Big Up Britain has been created to share the Good News that happens every day in Britain. All our articles are curated by hand, but in some cases they are summarised by AI. The original source for any article is always shown (unless it is an original article). If you find an article with an error, incorrect information or there is a copyright issue please click below to flag the article and we will correct any issues swfitly.

Related News

Latest News