Regeneration: Market Towns

(asked on 20th February 2026) - View Source

Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Housing, Communities and Local Government, if he will bring forward regeneration funding for rural market towns.


Answered by
Miatta Fahnbulleh Portrait
Miatta Fahnbulleh
Parliamentary Under-Secretary (Housing, Communities and Local Government)
This question was answered on 3rd March 2026

In September 2025 we announced the Local Regeneration Fund, which brings together the Levelling Up Fund, Towns Deals and Pathfinder Pilots into a single, flexible capital pot, responding to Local Authority feedback for less bureaucratic oversight and more local autonomy.

This partnership approach empowers local authorities to allocate resources based on their own priorities, which will help rural councils. Decisions on how to manage these allocations rest with each authority’s Section 151 Officer or equivalent. In the small number of cases where projects are no longer viable, we expect projects to rescope their plans and use the funding for other initiatives in the same area that originally stood to benefit.

Earlier this month, the Prime Minister confirmed that 40 further places will join the Pride in Place Programme. That means that nearly 300 communities will benefit from this transformational programme. Funding for the Pride in Place programme is going to communities with the greatest need: places that have been overlooked and stand to benefit most, including market towns.

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