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Urban Areas: Capital Investment

Asked by James WildConservativeMinistry of Housing, Communities and Local GovernmentTabled Answered 20 October 2025UIN 78657

The question

To ask the Secretary of State for Housing, Communities and Local Government, what steps he is taking to encourage investment in high streets.

Answered by Miatta Fahnbulleh

The Government is committed to leveraging investment in our high streets. Through the Pride in Place programme, we are investing up to £5 billion to back regeneration in the places that need it most, including funding to unlock high street renewal.

We are committed to supporting more strategic investment in town centres by enabling property owner BIDs to operate across England.

We are also empowering local leaders through devolution to develop strategic, place-based investment plans, leveraging their deep regional insight for more targeted and effective investment.

Together, these approaches reflect a broader commitment to ensure high streets flourish and town centres remain vibrant, attractive places to live, work, and visit.

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