Herefordshire has been chosen as one of 100 places across the UK to receive funding through the government’s £220m UK Community Renewal Fund, for investment in skills development, communities, businesses and improve local employment opportunities. HEREFORDSHIRE is set to benefit from £3m to allocate to innovative projects as part of the Government’s new UK Community Renewal Fund. Herefordshire has been chosen as one of 100 places across the UK to receive funding through the government’s £220m UK Community Renewal Fund, for investment in skills development, communities, businesses and improve local employment opportunities. The county has been highlighted as a priority place for investment based on an index of economic resilience across Great Britain, which measures productivity, household income, unemployment, skills and population density.
Jenrick welcomes Budget package to level up communities and support the nation’s recovery from the pandemic
A package to support our economic recovery from the pandemic, level up communities, and help vulnerable people has been welcomed by the Communities Secretary Robert Jenrick.
From:
4 March 2021
The measures were unveiled by the Chancellor as part of yesterday’s Budget which set out how the nation will build back better from the pandemic, level up opportunity and prosperity in communities across the UK, as well as help more families on to the housing ladder.
The Budget underlines the government’s immediate priority of helping communities prosper again by supporting jobs and business as we emerge from the pandemic, in line with the Prime Minister’s Roadmap.
A new £12bn national infrastructure bank was announced by chancellor Rishi Sunak in a Budget billed as being pro-business but offering little for public services.
Mr Sunak announced a series of measures to help the national economy bounce back, including £1bn for town deals, and the locations of eight freeports.
He also announced a further business rates holiday, for which councils will be compensated.
And there was extra support for towns, with £1bn for 45 new town deals, and the National Infrastructure Fund being asked to produce a report on how infrastructure can best support economic prosperity and quality of life in towns, focusing on transport and digital infrastructure in particular.