High streets and town centres are central to local places. They establish a favourable business environment that entices and promotes businesses, enhances employment opportunities, provides reskilling initiatives and invests in local commerce.
Local authorities play a critical role as place leaders in supporting economic growth within their communities.
Economic growth is the cornerstone of the government’s ambition to ‘level up’ all parts of the United Kingdom and an overarching objective of the UKSPF is to support economic growth and development across the UK. The realisation of the UKSPF’s goals depend on economic growth as it is inextricably linked to the progress in improving communities and places, local businesses and people’s skills.