It is a pleasure to open this Adjournment debate on the regeneration of Bond Street and Waterloo Road in Blackpool, two areas of my constituency in particular need of capital investment, for reasons that will become clear.
Before I go on to speak particularly about those two areas, it would be remiss of me not to elaborate more on the significant level of capital and revenue regeneration moneys that have already flown into my constituency, thanks to the efforts of this Government: £400 million is the total of additional investment that has come into Blackpool since I was elected in 2019—it is a staggering figure. For all the criticisms thrown at this Government by the Opposition, the commitment of Ministers and different Prime Ministers from this Government to levelling up, and to Blackpool in particular, cannot be understated. That commitment is already bearing fruit in the substantial progress we are making, not just in terms of levelling up the different parts of Blackpool, but in getting people the well-paid jobs they need so badly and in welcoming investment into my constituency.
I would be here until midnight if I went through all the individual funding pots we have been allocated, but I will not test your patience, Mr Deputy Speaker. I will give the House just a flavour of the different funding that has come to Blackpool, courtesy of this Government’s faith in the work we are doing locally. We have secured £40 million for the court relocation, which has allowed a £300 million private investment project—one of the largest private investments in the whole of the north-west—on the old Blackpool central train station site. It will create 1,000 jobs and lead to tens of millions of pounds of additional consumer spending coming to Blackpool.
We have been granted £40 million for a brand new Multiversity, providing the next generation with the skills they need to get on in life. Some £39.5 million, provided by one of the largest town deals in the country, has been spent upgrading the Blackpool illuminations, creating thousands of jobs at the enterprise zone and a new sports hub at Revoe. On top of that, we have £15 million in levelling-up funding for transport improvements in the town centre, a further £8 million in levelling-up funding to redo the former post office building on Abingdon Street, and a plethora of extra funding for health, education, crime, cultural and sporting projects, all of which will lay the groundwork for investment in regeneration in Blackpool.
If we are getting so much money into Blackpool, what is the purpose of this Adjournment debate? It would be remiss of me not to point out that Blackpool is the most deprived local authority area in England, and it has often been said that my constituency is the most in need of levelling up. The communities that are the subject of this debate are in the top 0.1% most deprived communities in the entire country and in the second most deprived ward of some 8,500 wards in England. That ward and the communities of Revoe, Central Drive, Bond Street and Waterloo Road have significant challenges with poor health; low life expectancy, on a par with sub-Saharan Africa; a drug-related death total that is the highest in the western world; and skills and education deficiencies that are sadly the highest in western Europe. The unemployment total is four times the national average.
In addition to those problems, the housing stock in these communities is among the worst in the country. It is estimated that a third of the properties in inner Blackpool are deemed to be “non-decent” by current standards. Poor housing is associated with a wide range of health conditions, and our local NHS practitioners estimate that the cost to the council and other local stakeholders is an additional £11 million because of the health conditions with which people present as a consequence of their appalling housing conditions. On top of that, some 10% of our working-age population is out of the workforce due to ill health and the vast majority of those people will live in substandard housing.
We talk about levelling up, and it is great for Ministers to cut the ribbon on a shiny new high street or a brilliant new project—we want that as part of the housing-led regeneration project I am talking about—but levelling up is ultimately about changing people’s lives. It is about empowering them to have the educational opportunities, the health outcomes and the employment opportunities that people want to see. In the case of Blackpool, that comes down to housing, because far too many local people live in housing that was not fit for human beings 100 years ago, and certainly is not nowadays. It is a stain on this country that, in Blackpool, we have housing in the condition that it is currently in, so housing-led regeneration is desperately needed.
Despite some of the challenges that I have outlined, the areas of Waterloo Road, Bond Street and Revoe are proud communities where people live with hopes and aspirations not just for themselves, but for their children as well. There are many successful new businesses operating—