High streets are the heart of our communities—they should be vibrant centres where people come together, where local businesses take root and flourish, and a source of pride in place. But too many people tell us that their high streets no longer feel like the thriving centres they once were. They see boarded-up shops, dwindling footfall, and the loss of cherished local businesses. We have listened, and are taking decisive action to reverse this trend.
I can confirm that the upcoming high streets strategy will be backed by at least £150 million of support to help turn the tide on the high streets most in need. This targeted investment will be used to tackle the challenges people care about most. It will improve neglected shopfronts, bring empty units back into use, and restore pride in local high streets. The funding will be prioritised for areas that have felt the harshest impact of high street decline.
This announcement builds on the Chancellor’s recent measures to support hospitality and celebrate the essential role of British pubs in high street life. These measures form part of our broader commitment to a new high streets strategy that will tackle the structural challenges facing retail, leisure, and hospitality businesses. People care about their local businesses, and we know these sectors are vital drivers of local economies. That is why we will work closely with industry to ensure the strategy reflects their needs and unlocks long term growth.
The new investment will complement our flagship Pride in Place programme, a transformative package of up to £5 billion that puts power and resources directly into the hands of local communities. People want more control over what happens in their town centres—and we are giving them that control. Through Pride in Place, local people are shaping regeneration projects, deciding how investment is spent and creating thriving places. Together, these initiatives represent a long-term plan to give communities control and restore pride, opportunity, and economic resilience across the country.
New funding is just one part of the picture. We are already taking steps to support vibrant high streets and respond to the problems people have told us matter most. This includes introducing new tools to repurpose and reimagine high street property including high street rental auction and community right to buy, consulting on new national planning policies to support town centre vitality, cutting red tape with licensing reform, and tackling the proliferation of betting shops, ensuring our high streets remain welcoming and diverse.
This is the beginning of a turning point for high streets across England. By combining targeted funding, stronger local powers, support for businesses, and community driven regeneration, we will breathe new life into town centres and strengthen the sense of pride people feel in the places they call home.
I will bring further updates as we develop our high streets strategy in the coming months.
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