North Swindon MP Justin Tomlinson met the with Towns Fund Board for an update on the work to support the town centre.
With many High Streets and town centres struggling due to changing shopping habits, the Government has been working to support bueinesses in these areas.
Nationally we have extended the Business Rates Relief and frozen the Business Rates multiplier. There are growing calls for a modest online sales tax to go further on Business Rates and support the High Street, something I have been supportive of for many years.
Additional financial support has been targeted at businesses in the retail, hospitality, and leisure sectors. Shops, pubs, music venues, cinemas, restaurants, hotels, theatres and gyms are all benefitting.
In Swindon, the Government has backed our local ambitious £19m Towns Fund and £25m High Streets Fund which will deliver much needed regeneration projects, including the new bus station, improved cycle paths, the restoration of the Health Hydro and improvements to public open spaces. The £38m Zurich HQ, Kimmerfields development and ongoing expansion of the Carriage Works will also bring more employment as well as footfall to the town centre.
