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UK government pledges extra £210m to regenerate boarded-up high streets
The plan aims to convert empty retail and leisure spaces into shared workspaces, cafes, and community hubs, with local groups leading the approach.
The UK government has pledged an additional £210 million to regenerate high streets by taking boarded-up shops, pubs, and clubs and converting them into shared workspaces, cafes, and community hubs, according to the Guardian Business.
Andy Burnham said the funding would help return power to local people who know their areas best, as part of an effort to restore pride and bring hope back.
The article says high streets have continued to struggle despite previous government regeneration attempts, citing a shift to online shopping and services such as banking and estate agents.
It also points to higher business costs, including taxes, energy, and labor, as well as cost of living pressures that have reduced spending on non-essential items and shifted consumer demand toward dining and drinks.