The government will today (4 March 2019) launch a £1.6 billion fund to boost growth and give communities a greater say in their future after Brexit.



The Stronger Towns Fund will be targeted at places that have not shared in the proceeds of growth in the same way as more prosperous parts of the country.
It will be used to create new jobs, help train local people and boost economic activity – with communities having a say on how the money is spent.
To be launched this year, the fund is part of the government’s commitment to build a more prosperous economy that works for everyone.
A total of £1 billion will be allocated using a needs-based formula. More than half this share (£583 million) will go to towns across the North with a further £322 million allocated to communities in the Midlands. Communities will be able to draw up job-boosting plans for their town, with the support and advice of their Local Enterprise Partnerships.
Another £600 million will be available through a bidding process to communities in any part of the country.
Local communities will be encouraged to come together to draw up proposals to restore pride and create new jobs in their area.
The government will also seek to ensure towns across Wales, Scotland and Northern Ireland will benefit from the new funding.
This will build on the success of the government’s City and Growth Deals initiatives.
Announcing the Stronger Towns Fund, Prime Minister Theresa May said:

For too long in our country prosperity has been unfairly spread. Our economy has worked well for some places but we want it to work for all communities.
Communities across the country voted for Brexit as an expression of their desire to see change – that must be a change for the better, with more opportunity and greater control.
These towns have a glorious heritage, huge potential and, with the right help, a bright future ahead of them.

Communities Secretary James Brokenshire said:

We have listened to people who are concerned by momentous changes to their communities and I am determined to provide the support they need to create a more prosperous future beyond Brexit.
This major new fund builds on more than £9 billion in City and Growth Deals we have delivered since 2010 to help hard working people reach their full potential and to build an economy that works for everyone.
I look forward to working closely with local leaders to take forward their encouraging proposals and to hear what more they propose to bring benefits to their communities.

A full list of allocations of the £1 billion can be found below:

Region	Allocation (£m)
North West	281
North East	105
Yorkshire and The Humber	197
West Midlands	212
East Midlands	110
South West	33
South East	37
East of England	25

Spending our Brexit savings before we get them, must be a vote due.

What happens if we don't leave.

So the north west receives £281 million BUT (wait for it) over a 7 year period.
That is around £40 million a year for the whole of the area. A drop in the ocean compared with the funding removed by the Tories since 2010.
It is not much of a bribe.

Originally Posted by Lorquinho

So the north west receives £281 million BUT (wait for it) over a 7 year period.
That is around £40 million a year for the whole of the area. A drop in the ocean compared with the funding removed by the Tories since 2010.
It is not much of a bribe.

well! Stamp your feet and send it back! That will teach the Tory’s a lesson!!!!

Originally Posted by Lorquinho

So the north west receives £281 million BUT (wait for it) over a 7 year period.
That is around £40 million a year for the whole of the area. A drop in the ocean compared with the funding removed by the Tories since 2010.
It is not much of a bribe.

And a drop in the ocean compared to EU ERDF funding that would have gone to the same regions over the same period.

Originally Posted by reevsy

well! Stamp your feet and send it back! That will teach the Tory’s a lesson!!!!

Any additional funding is welcome, but this a miniscule sum compared to what the Tories have stolen from this area, just like being overcharged £thousands and getting a fiver back in compensation.

Plenty of money to pour into London and the South East though.

If Southport got access to any of this - let’s put it towards reopening the Burscough curves and significantly improving access to the town