The government has introduced a promising initiative called the Long Term Plan for Towns, as part of its commitment to bolster local economies and rejuvenate high streets. Under this plan, each town will be granted a £20m fund, empowering local councils to invest in various schemes such as reviving high streets, combating anti-social behavior, improving transport, and boosting the overall local economy. This extensive investment amounts to over £1bn.
Andrew Goodacre, the CEO of Bira, has expressed wholehearted support for this fund allocation aimed at enhancing towns nationwide. He emphasizes the pivotal role that independent retail establishments play in thriving towns and high streets, underscoring their substantial importance to the retail industry as a whole.
While commending this funding initiative, Mr. Goodacre highlights the necessity of maintaining the safety and accessibility of our high streets. He hopes that the allocated funds will be effectively utilized to create town centers that remain easily accessible to all, including those reliant on personal vehicles. Supporting this additional funding, he sees it as a substantial step towards reinvigorating community spirits.