Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Boris Johnson pledges £9m to improve London's high streets

Mayor of London Boris Johnson has pledged £9m of funding for improvements to town centres across the capital to exploit the “hidden space” around London’s high streets.

Small businesses will be able to apply for grants to be used to smarten up shop fronts, improve public spaces or to hold mini festivals. The cash will be available from October.

It has not yet been decided how big the individual grants will be or whether they will be paid in one go or in smaller tranches, but a prospectus outlining the funding options will be made available in October.

The funding is part of the ‘Mayor’s Action for High Streets’ plan. Its goal is to help high streets compete with etailers and out-of-town retailers. 

Johnson said: “Our high streets have been under great pressure from the rapid growth of retail parks and internet shopping. But their great strength is that they offer so much more than simply shopping. They are where Londoners come together to work, relax, meet and play. We are delivering a comprehensive plan that will do everything possible to protect and support their incredible vibrancy.”

The Mayor’s plan focuses on “the hidden space for development” on the roofs of supermarkets and health centres, behind railway stations and on top of car parks.

The document, published today (July 17), noted: “London’s high streets have always evolved to take on new challenges. Sensitively managed, these locations can reinvent themselves to find ways of accommodating new types of housing, retail and enterprise space in a way that supports their heritage and character.”

London’s high streets are home to 175,000 businesses and employ almost 1.5m people.

 

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.