Luke Graham MP took the case for Scotland to be given greater access to the ‘Stronger Towns Fund’ direct to the heart of Government with a meeting in Number 10 Downing Street to argue Scotland’s case on behalf of the Scottish Conservative and Unionist MPs.
The Stronger Towns Fund is a £1.6 billion fund which has been set up by the UK Government to help boost growth and give communities a greater say in their future after Brexit. The fund looks to build upon the success of the UK Government’s City and regional Growth Deals.
A total of £1 billion will be allocated using a needs-based formula with communities able to draw up job-boosting plans for their town, with the support and advice of their Local Enterprise Partnerships. Meanwhile, another £600 million will be available through a bidding process to communities in any part of the country.
While the UK Government will also seek to ensure towns across the whole of the UK will benefit from any new funding, Luke Graham MP met with Downing Street officials to argue for greater access to the £0.6bn of biddable funds for towns in Scotland.
Commenting, Luke Graham MP said:
“It is great that the UK Government has made £1.6bn available to help boost our towns and high streets. However, in order for the whole of the UK to truly benefit from this fund we need to ensure Scotland has greater access to the fund.
In particular, the £0.6bn biddable fund would make a huge difference in some of our smaller towns and communities in Ochil & South Perthshire.
That is why I have taken this argument straight to the heart of Government and urged the Prime Minister and her officials to open up the fund so Scotland’s towns can benefit like the rest of the United Kingdom.”
The Government announced the Stronger Towns Fund on 4th March 2019: https://www.gov.uk/government/news/16-billion-stronger-towns-fund-launched