Published: 4th Mar 2019

The government has today (4 March) launched its £1.6bn Stronger Towns Fund to help local areas grow after Brexit. According to ministers, the fund will help ‘create new jobs, help train local people and boost economic activity’, but it also comes at a time when prime minister Theresa May is under renewed pressure to break the political deadlock over Brexit. Opposition MPs have already accused the Government of using the fund to try and ‘bribe’ MPs into supporting Ms May’s Brexit deal. The fund itself will be divided into two sections. A total of £1bn will be allocated using a needs-based formula to individual regions. More than half of this money (£583 million) will go to towns across the North with a further £322 million allocated to communities in the Midlands. Another £600 million will be available through a bidding process to communities in any part of the country. Communities … (To read the full article, subscribe below)