Skip to content
Search
AI Powered
Latest Stories

Further 57 high streets to receive share of over £830m funding

The government has chosen 57 more high streets to receive new funding million to help them reopen and recover from the pandemic.

Along with the 15 areas announced earlier, they will share over £830 million from the Future High Streets Fund to improve transport links, build new homes and transform underused spaces as part of the government’s ‘levelling up’ agenda


“This funding is part of wider support we are providing to communities and businesses, to protect jobs, support the most vulnerable and ensure no one is left behind as we recover from pandemic,” Communities Secretary Robert Jenrick said.

“This investment will make a huge difference to towns and cities across England and transform themselves in desired places to shop, visit, live and work.”

Confirmed plans include £17.28m for Grimsby to create a new multiplex cinema and market food hall, which hopes to boost visitor numbers to the town centre; £13.96m investment for Taunton to build new homes, business spaces and hospitality venues, as well as an outdoor performance venue for events to boost visitor numbers; and £6.28m for Sutton-in-Ashfield for the refurbishment of the Sutton Academy theatre space and repurposing of vacant retail space into offices and hospitality venues.

More for you

Sugro UK partners with Britvic to launch industry-first sample box

Sugro UK partners with Britvic to launch industry-first sample box

Leading wholesale buying and marketing group Sugro UK has collaborated with Britvic Soft Drinks, a global organisation with 39 much-loved brands sold in over 100 countries, to launch a groundbreaking Fast Food Sample Box.

The sample box is specifically designed for ICS UK LTD customers, giving them a unique opportunity to sample and experience new Fast Food soft drinks offerings firsthand.

Keep ReadingShow less
Plant-based ready meal

Plant-based ready meal brand on brink of collapse

British plant-based ready meal maker Allplants has filed a notice of intention to appoint administrators, citing ongoing financial losses, stated recent reports.

Allplants, known as the UK’s largest vegan ready meal brand, has faced mounting losses over recent years. Filing the notice provides the company with a critical window to explore options to avoid liquidation, such as restructuring, refinancing, or negotiating a sale.

Keep ReadingShow less
sottish retail-wholesale

Scottish retail-wholesale figure celebrated at University of Stirling graduation

Entrepreneur and businessperson Stanley Morrice, an influential figure in the retail and wholesale sectors, received an Honorary Doctorate from the University of Stirling at Stirling’s winter graduation held today (22).

Stanley, from Fraserburgh, is being recognised for his services to Scottish food, drink and agriculture. He entered the sector as a school leaver. In 1993, he joined Aberdeen-based convenience stores Aberness Foods, which traded as Mace. He rose to become Sales Director, boosting income by 50 per cent and tripling profits, and went on to be Managing Director, successfully leading the business through a strategic sale to supermarket group Somerfield.

Keep ReadingShow less
consumer cheer
iStock image
iStock image

Consumers cheer up as Budget nerves lift: GfK

British consumers have turned less pessimistic following the government's first budget and the US presidential election and they are showing more appetite for spending in the run-up to Christmas, according to a new survey.

The GfK Consumer Confidence Index, the longest-running measure of British consumer sentiment, rose to -18 in November, its highest since August and up from -21 in October which was its lowest since March.

Keep ReadingShow less
Retail Sales
Photo: iStock

Retail sales take bigger-than-expected hit in October

British retail sales fell by much more than expected in October, according to official data that added to other signs of a loss of momentum in the economy in the run-up to the first budget of prime minister Keir Starmer's new government.

The Office for National Statistics (ONS) said sales volumes have fallen by 0.7 per cent in October. A Reuters poll of economists had forecast a monthly fall of 0.3 per cent in sales volumes from September.

Keep ReadingShow less