Home Business and economy £2m+ investment to support town centres and businesses

£2m+ investment to support town centres and businesses

by Gemma Melling

Knowsley Council’s Cabinet has tonight (Wednesday, 21 July) endorsed more than £2m of investment to help the borough’s town centres to thrive once again and support businesses after what has been a very challenging and disruptive year.

It’s part of the council’s £8.3m investment package aimed at getting local businesses booming once more, creating jobs and opportunities for young people, increasing access to mental health services for all and preventative work to reduce crime and anti-social behaviour.

To support town centres and businesses, £2.080m of funding has been allocated as follows:

  • £450,000 to maintain free short-stay parking for shoppers in all of Knowsley’s town centres, helping to attract more visitors into the borough’s town centres.
  • £300,000 for town centre events to encourage more people back to our high streets.
  • £260,000 to support businesses to create and safeguard jobs.
  • £500,000 to support an extensive events programme in the run up to Knowsley hosting the Liverpool City Region Borough of Culture programme in 2022.
  • £570,000 to fund site demolition in the next stage of the Huyton Village regeneration.

Cllr Tony Brennan, Cabinet Member for Regeneration and Economic Development, said: “We can’t underestimate the impact the last year has had on our local businesses, our town centres and the local economy. With numerous lockdowns and restrictions to contend with, it has been an extremely challenging time for everyone.

“Despite what has happened in other parts of the country, I’m delighted to see so many businesses once again opening their doors, and not only that, but we have also been able to welcome new businesses into the borough who have chosen Knowsley as their home.

“We need to do all that we can to ensure our town centres are once again thriving and that we welcome visitors back to our town centres.

“I’m delighted that Cabinet has tonight endorsed the proposals that will help us to support our local businesses and help our town centres to prosper.”

Read more about the £8.3m investment package.