UK high street fashion brands get a boost with £830 million package

Jan 14, 2021  |  by Zhao xh



The British government has announced an £830 million package for high street fashion brands to help them recover from the pandemic. “2021 will be an immense one for the high street brands as it pursues to recover, adapt and change as a result of the pandemic, the boost package will help us build back better and make town centres a more attractive place to live, work and visit,” Robert Jenrick, Communities Secretary announced.
 
The UK government launched Future High Streets Fund in December 2018 as a major project to overhaul town centres across the country. The Future High Streets Fund will help areas bounce back through regeneration projects that level up opportunities and create jobs right across the country.”
 
Chancellor Rishi said, “We are supporting our high streets to get through this pandemic through business grants, paying people’s wages and tax deferrals.”
 

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