A Gedling borough town is set to benefit from a pot of £400m for investment in regeneration and community projects.
Chancellor Jeremy Hunt has announced that Carlton is to be included in its Long Term Plan for Towns scheme in his Spring Budget through which the town could benefit from up to £20m in funding.
The town will receive a 10-year ‘endowment-style’ fund to support long-term delivery of projects over multiple years.
The £20 million fund will be spent on Carlton’s priorities, including regenerating the town, keeping the community safe, improving transport links and growing the local economy.
Gedling MP Tom Randall believes the “transformational” funding will help bring much needed support to the borough town.
Mr Randall said: “Our towns across Gedling matter. They are engines of our economy, offering local jobs and exporting goods to all corners of the world. And our town halls and neighbourhoods are the fundamental heart of our communities. But for far too long our towns have been neglected and this has resulted in diminished high streets, run-down town centres, anti-social behaviour, and a lack of good local jobs.
“This £20 million for Carlton will fund and support regeneration projects over the next ten years to enable Carlton to achieve its full potential. A Long-Term Plan to invest in and regenerate Carlton, based on the priorities of local people, will now be developed and put to local people for consultation.
“The £20 million of investment will then be spent on issues that matter to local people, including regenerating high streets and tackling anti-social behaviour.”
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What about Arnold getting a bit more money ?
A cynic might think there was an election due soon. £20 million sounds a lot until you realise it’s spread over 10 years.
Amazing how any comments about how Arnold is favoured over any other Borough town gets removed. Well I’ll say it again. Yep, in your face Arnold. Woohoo! About time someone else got a wedge instead of you all the time. Perhaps now GBC will finish off Carlton Shopping Centre as was promised a few years back and redevelop the bomb site covered in boarding. Much needed cash injection for regeneration of this potentially lovely shopping area, get the lift it always needed. But don’t bank on every penny getting there, I’m sure as we speak, the Arnold biased councillors will be rubbing their hands with glee already working out how to siphon some of Carlton’s windfall off in Arnold’s direction….the force of favouritism towards Arnold is strong in this council.