South West to get millions for transport and regeneration schemes
The South West is to get more than £186m in government grants for infrastructure schemes across the region.
The money has been allocated through the second round of the Government’s Levelling Up Fund.
Just over £2.1bn is being shared out across the UK with the bulk of the money being spent on transport and regeneration schemes.
The second round of funding has seen the South West’s share increase from 7.7 per cent to 8.9 per cent.
The largest amount of the money in the South West has gone to Cornwall.
A £50m grant will help create a new direct train service, linking four of Cornwall’s largest urban areas: Newquay, St Austell, Truro, and Falmouth/Penryn.
Dorset, North Somerset and Sedgemoor have all received £20m for various schemes.
Bristol City Council is to get £14.5m for the Filwood Broadway regeneration scheme.
The government has also confirmed there will be a further round of the Levelling Up Fund
Prime Minister Rishi Sunak said: “Through greater investment in local areas, we can grow the economy, create good jobs and spread opportunity everywhere.
“That’s why we are backing more than 100 projects with new transformational funding to level up local communities across the United Kingdom.
“By reaching even more parts of the country than before, we will build a future of optimism and pride in people’s lives and the places they call home.”
Levelling Up Secretary Michael Gove said: “We are firing the starting gun on more than a hundred transformational projects in every corner of the UK that will revitalise communities that have historically been overlooked but are bursting with potential.”
