Four towns in Nottinghamshire and Derbyshire have been announced as being in line for a multi-million-pound cash boost a part of the Government’s Towns Fund.
Newark (£25m), Clay Cross (£24.1m), Staveley (£25.2m) and Mansfield (£12.3m) have all made the list on 100 places invited to develop proposals for the fund.
The £3.6 billion Towns Fund aims to support places with proud industrial and economic heritage that have not always benefited from economic growth in the same way as more prosperous areas and both resorts have been identified to benefit through the scheme.
D2N2 CEO, Sajeeda Rose, said: “D2N2 is a key part of the Midlands economy, and I’m pleased to see governments latest commitment to invest within our region. The funding will help produce stronger towns which will support wider economic growth across the region leading to more productive, prosperous, and inclusive communities.”