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New fund to help unlock ‘untapped potential’ of city region’s town centres

A new £5 million fund will be launched today (4 July) which aims to support the long-term success of town centres across the Liverpool City Region.

Cash could be given to local authorities for a range of proposals including new cultural offers, venues for events, public sector hubs and business spaces.

Metro Mayor Steve Rotheram will announce the Town Centre Fund in a speech today, as well as a new City Region Town Centre Commission.

The commission will work with local authorities across the region to produce investment plans for how each area’s towns can prosper over the next two decades.

The process will also provide local people with the opportunity to comment on and shape investment plans for their local areas.

The announcement will be made at a conference hosted by the University of Liverpool’s Heseltine Institute – organised to take stock of what has happened in Rotheram’s first year in role as mayor.

Speaking at a conference organised to take stock of his first year as mayor, Rotheram will say: “Liverpool city centre is the economic engine of our city region and we will continue to support its development with strategic investments, like those we are making to support the knowledge quarter and the new cruise liner terminal.

“But just as we must help our city to succeed, we must also ensure that every part of our region thrives as well. Across our region so many of our towns have untapped potential.

“Our high streets face new challenges, with new technologies and changing customer habits, and must change in order to survive.”