Pendle receives £3.6m. government funding to 'level up'

Pendle is to receive £3,626,135 from the Government through the UK Shared Prosperity Fund to help level up the community – from regenerating run down high streets to fighting anti-social behaviour.

By Dominic Collis
Tuesday, 19th April 2022, 10:37 am

Some £2.6 billion of levelling up funding will be awarded to communities across the UK through the UK Shared Prosperity Fund (‘UKSPF’), the Government has announced.

The UKSPF invests in local communities by helping to regenerate high streets, tackle economic decline, and reverse geographical inequalities – with areas in greater need receiving more support.

Pendle MP Andrew Stephenson has welcomed the news that as part of this investment, £3,626,135 has been awarded to Pendle.

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Pendle MP Andrew Stephenson

This money will be given to locally elected authorities and leaders who best know what their communities need – helping to slash bureaucracy and support communities in seizing new opportunities.

The spending confirms that the Conservative Government has fulfilled its commitment to match previous EU funding on social and regional development.

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Mr Stephenson said: “I am incredibly proud of Pendle and know that our best days lie ahead. I am determined to work with the Government to ensure that everyone from our area is able to reach their full potential.

“That is why I welcome the investment of over £3.6 million for Pendle, which can be used across a range of projects from supporting adults who lack basic numeracy skills, helping young people into good jobs, and regenerating our high streets.

“This investment will help to local residents to fulfil their potential, while reducing regional inequalities that have been left untouched for too long”.