Cash for South West high streets to fund improvement packages

FIVE high streets across Devon and Cornwall are set to benefit from millions of pounds in investment, the Government has announced.

Plymouth, Newton Abbot, Barnstaple, Paignton and Penzance will share £51.5 million in funding from the Government’s Future High Streets Fund which aims to invest in a number of improvements and changes is part of a £1 billion package promised by the Prime Minister, Boris Johnson.

The news of the announcements comes after a number of towns and cities received initial funding to develop plans and proposals for the fund earlier in the year and will see them benefit from a number of changes and improvements

Paignton is set to receive £13,363,248, Plymouth gets £12,046,873, Penzance will have £10,403,112, Newton Abbot gets £9,199,364 and Barnstaple receives £6,548,876.

None of the towns successful in their bids has received the full funding they bid for, meaning the offers are currently listed as provisional.

A funding bid for Bideford was unsuccessful.

The schemes promise to bring a number of improvements to town centres, including regenerations and changes to key shopping areas and buildings, plus some largescale redevelopments.