Stalybridge is to get a surprise £20m in regeneration funding – eight weeks after a ‘levelling up’ bid for the town was rejected by the government to the fury of local leaders.
In January Tameside council leader Ged Cooney had accused the Levelling Up Fund (LUF) as being an ‘expensive postcode lottery with no transparency’ following the news that Stalybridge had missed out on cash for a second time.
But in the Spring Budget, announced yesterday, Chancellor Jeremy Hunt said that the Department for Levelling Up Housing and Communities has granted a further £220m of funding to support 16 shortlisted regeneration project bids.
