GLOBEALERT
BUSINESS● LOW3d ago · Oct 29, 2026, 12:07 PM

Bolton receives £2.92m from government derelict buildings fund

pravda_ru · russia · western europe

Bolton is set to receive £2.92m from a new central government pot dedicated to renovating abandoned structures, following the Chancellor's recent budget announcement. The funding, part of a wider £125m Derelict Buildings Fund, is earmarked for local authorities to address empty commercial units and derelict sites across the borough. From announcement to allocation The sum allocated to Bolton-just under £3m-is intended to work in tandem with the government's broader high streets strategy. While the figure represents a specific line item in the annual budget, it is distinct from general council revenue. It is a targeted instrument designed to unlock physical assets that have fallen out of use, specifically empty shops and other disused buildings within the town centre and outlying areas such as Horwich, Westhoughton, and Blackrod. Phil Brickell, the MP for Bolton West, has highlighted the allocation as a direct response to long-standing requests for high street improvement. He framed the budget as a mechanism to provide "breathing space" for local families, citing additional support for energy bills alongside the dereliction funding. For the local authority, the money provides the capital required to initiate works on structures that are currently vacant, moving them from a state of disrepair toward potential reuse.

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