High streets win share of £1bn ‘recovery’ fund

High streets will benefit from a Treasury drive worth close to £1 billion to “breathe life” back into Britain’s heritage “hotspots” after the pandemic. More than 65 high streets will be awarded cash to transform disused and run-down buildings into new homes, shops, workplaces and community spaces. Rishi Sunak, the Chancellor, will announce the £850 million of new funding that will also help museums and galleries recover from the pandemic when he delivers his Budget on Wednesday.