Nottingham City Council has awarded a contract of up to £100,000 for work to be carried out that will help it in future rounds of the Government's Levelling Up Fund. It was announced in January that the authority had been unsuccessful on its three bids to the fund, which was first announced in 2020 as part of then Prime Minister Boris Johnson's aim to boost economic growth in areas lagging behind London and the South East.
The most recent round of the fund was the second that had taken place, with Nottingham City Council having been successful in securing £18 million from the first round in 2021, though it failed again on that occasion to secure funding for the Broad Marsh and the Island Quarter. The £18 million was used for the renewal of roads and pavements, street lighting and the installation of electric charging points across Nottingham.
Nottinghamshire Live revealed in February that Nottingham City Council had spent £250,500 on preparing its failed bids to the second round of the fund. The continued redevelopment of the Broad Marsh, improvements to Bulwell town centre and the Island Quarter were among the projects which money would have been used for if Nottingham was successful.