Question to the HM Treasury:

To ask Her Majesty's Government, further to the Written Answer by Lord Agnew of Oulton on 4 March (HL13627), whether there are funds remaining from (1) the £1.6 billion Stronger Towns Fund, announced on 4 March 2019, and (2) the £675 million Future High Streets Fund, announced on 29 October 2018; whether any such remaining funds are now included as part of the total of their £4.8 billion Levelling Up fund, announced on 25 November 2020; and if so, whether the criteria that must be met for local authorities to bid for such funds has changed.

This question was answered on 25th March 2021
The £4.8bn Levelling Up Fund will invest in infrastructure that improves everyday life across the UK and will operate UK-wide, extending the benefits of funding for priority local infrastructure across all regions and nations. It supersedes and brings together previous funding streams, including allowing towns to apply for funding for high street and town centre regeneration previously funded from the Towns Fund and the Future High Streets Fund. The prospectus sets out further detail for local areas on how to submit bids for the first round of funding for projects starting in 2021-22.