A LOCAL authority s bid for millions of pounds to the government s Levelling Up Fund has taken a step forward.
Hyndburn Council is to apply for Whitehall cash in Round Two of the scheme aimed at boosting the economy of Northern towns. It has now appointed a steering group and consultant to mastermind the bid for up to £20million of grants. The process will be paid for by £150,000 from the borough s s £150,000 Economic Recovery Fund. The group will review the council s Accrington Area Plan to produce a new strategic Town Centre Investment Plan to revitalise the town centre. The strategy was endorsed by Hyndburn Council s Cabinet on Wednesday.
A LOCAL authority s bid for millions of pounds to the government s Levelling Up Fund has taken a step forward.
Hyndburn Council is to apply for Whitehall cash in Round Two of the scheme aimed at boosting the economy of Northern towns. It has now appointed a steering group and consultant to mastermind the bid for up to £20million of grants. The process will be paid for by £150,000 from the borough s s £150,000 Economic Recovery Fund. The group will review the council s Accrington Area Plan to produce a new strategic Town Centre Investment Plan to revitalise the town centre. The strategy was endorsed by Hyndburn Council s Cabinet on Wednesday.
BUSINESSES from across the county have given their views on chancellor Rishi Sunak’s budget. Key details include Mr Sunak announcing that the government will not raise the rates of income tax, national insurance, or VAT but will instead freeze personal tax thresholds for the time being. Corporation tax, which companies pay on profits, will also be raised to 25 per cent in 2023 however firms with profits under £50,000 will remain at 19 per cent. Chief executive of East Lancashire Chamber of Commerce Miranda Barker said: “I think it’s pretty sound, I like the fact that he’s telegraphed where the future consequences are coming from because if he hadn’t done that people would say he wasn’t being realistic.
Budget 2021: Blackburn and East Lancashire firms react to Rishi Sunak's plans lancashiretelegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lancashiretelegraph.co.uk Daily Mail and Mail on Sunday newspapers.