Old Kent Road, Woolwich and Putney get high street boosts to protect shops from damage caused by lockdowns

Old Kent Road, Woolwich and Putney get high street boosts to protect shops from damage caused by lockdowns

The Old Kent Road is among 70 high streets in England that will receive a share of £830 million of Government funds to help boost their recovery from the Covid-19 pandemic.

A total of 15 high streets have been awarded £255 million and 57 more areas will be given provisional funding worth a total of £576 million.

Old Kent Road in Southwark, which has its own action plan development area, will receive £9,605,854.

Woolwich (£17,150,964), and Putney (£1,058,706) will also receive provisional funding.

Communities secretary Robert Jenrick said the money from the Future High Streets Fund would “help our much-loved town centres get through this and prosper into the future”.

He added: “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.

READ MORE  Investors take cover in bank stocks on US tech turmoil

“Today’s £830 million 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.

“This investment will help us build back better and make town centres a more attractive place to live, work and visit.”

Plans to build more than 20,000 homes along the route of the Bakerloo Line extension, along the Old Kent Road, moved a step closer this month after consultation with residents.

Southwark council has put forward a revised plan for one of London’s largest regeneration schemes – along one of Britain’s oldest and most historic thoroughfares, the Old Kent Road.

READ MORE  Ice cold in Alice, Texas: What’s going on in the Lone Star state?

Town hall chiefs say there have been significant changes in response to feedback from the local community. They have put forward a scheme which aims make the zone net carbon neutral by 2030, – and for development in the area to be car free.

The scheme also includes five zones where important and characteristic buildings are protected.

The investment-boosting Future High Streets Fund, initially created by then-Chancellor Philip Hammond in the 2018 Budget, enables councils to boost town centres, before the pandemic wrought havoc to the economy.


Please support your local paper by making a donation

 

 

Please make cheques payable to “MSI Media Limited” and send by post to South London Press, Unit 112, 160 Bromley Road, Catford, London SE6 2NZ

READ MORE  Barclays makes equity unit co-heads permanent after former boss abruptly left for Citi

Housing Secretary Robert Jenrick has encouraged everyone in the country who can afford to do so to buy a newspaper, and told the Downing Street press briefing recently: “A free country needs a free press, and the newspapers of our country are under significant financial pressure”.

So if you have enjoyed reading this story, and if you can afford to do so, we would be so grateful if you can buy our newspaper or make a donation, which will allow us to continue to bring stories like this one to you both in print and online.

Everyone at the South London Press thanks you for your continued support.


Source link

Be the first to comment

Leave a Reply

Your email address will not be published.


*