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Stronger Towns Fund: £1.6bn post-Brexit cash announced


A £1.6bn government fund has been launched to boost less well-off towns in England after Brexit. The pot is split into £1bn, divided in England using a needs-based formula, and £600m communities can bid for. More than half of the money, to be spread over seven years, will go to the north of England and the Midlands. Labour called it a bribe to influence MPs to back the PM's Brexit deal and critics say it does not cover cuts to local authority funding.

BBC - March 4, 2019

View the full story here: https://www.bbc.co.uk/news/uk-47435565