Theresa Villiers, MP for Chipping Barnet, has today welcomed a boost of £416,685 of funding for Chipping Barnet High Street. It follows an announcement by Boris Johnson, Mayor of London, of almost £10 million from his Outer London Fund to help 'bring the buzz back' to outer London's high streets.
The Mayor’s Outer London Fund is set to award £50 million to projects around the capital over the next three years. £10 million was made available in this first round of funding and will be used by councils to enhance local High Streets with the aim of boosting economies and driving up employment levels in areas which will not directly benefit from large-scale infrastructure investment, such as Crossrail and the Olympics. A further £40 million will be allocated in October.
Theresa said, “Our local High Streets have been through some tough times over the last few years so this is very welcome news for Chipping Barnet. Many thanks must go to the Mayor and our local Assembly Member, Brian Coleman, for fighting Chipping Barnet’s corner.”
“I’m sure this valuable funding injection will be put to good use by Barnet council. It’s vital that shoppers continue to be drawn to shop on the high street. This will boost the local economy, safeguard jobs and help support the survival of shops and businesses for years to come.”