A bid for £25 million from the ‘Towns Fund’ toward a regeneration project in Bolton has been finalised the council leader saying he will be “very, very surprised” if the application is not successful.
The Greater Manchester borough of Bolton was announced as one of the 101 towns across the UK which would be eligible for support from the government’s £3.6 billion ‘Towns Fund’, which was announced back in September 2019.
The fund intends to drive the economic regeneration of towns to deliver long-term economic growth.
If Bolton’s finalised application can convince the government of the scheme’s value for money, the borough could have up to £25m allocated to it, which will need to be spent by the end of March 2026, according to the Bolton News.
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The borough has already received £1 million in advance funding and a decision on the rest is expected before the end of the year.
Each town nominated for funding is required to establish a Town Deal Board – which is the body through which the vision and strategy for the town is defined – and the board must be chaired by a representative of the local business community.
The Bolton board has now finalised its priority schemes for the bid, while rejecting others.
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Among the schemes which have been put forward in the finalised Bolton regeneration plan are for The Wellness Centre to have a high-end spa and leisure facility next to the already-planned Le Mans Hotel in the heart of the town centre.
Bolton Council say this luxury spa is intended to “draw in day visitors” to the town.
Flickr / Mikey
Speaking at a council cabinet meeting – which approved the bid this week – Bolton Council leader David Greenhalgh, said: “Everything is positive so far. We already been allocated £1m to get proposals up and running and we should hear back by end of the year.
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“The government want to see development happen very quickly with timescales starting in March and April.”
The ‘Towns Fund’ bid is said to be entirely separate from the £100m investment planned for elsewhere the town centre over the next decade – which is to go toward leisure and culture, office and residential development – and the council hopes it will be combined with up to £1bn of private sector investment.
When challenged by opposition leader Nick Peel on what Bolton Council’s ‘plan B’ was if the funding was denied, Cllr Greenhalgh responded: “The Towns Fund is an important part of our regeneration plans but not the whole picture. It’s not an either or within the main regeneration plans – All our eggs are not in one basket.
“These words could come back to haunt me, but I shall be very, very surprised if we don’t get some proportion of our bid for the towns fund.
“If it doesn’t happen, it won’t mean these plans will go to waste.
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“We will have some very good schemes built up, oven ready as you may want to call them, to move ahead whenever any more grants come together whether from Greater Manchester or government.”
The Trinity Gateway Development – Bolton Council
Other schemes forming part of the bid include another priority project to improve pedestrian connections to the transport interchange, Le Mans Crescent and Newport Street, all in and around the town centre, and a third scheme could see further extension and upgrade to Bolton’s Central Museum and Art Gallery to “provide an improved destination and focal point to the civic quarter”.
Among the schemes left out of the proposal are plans to redevelop Elizabeth House.
This is said to be due to Bolton Council not being in ownership of the building and “the case for public intervention at this time is unclear”.
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Incredible misty drone footage shows how Manchester earned its ‘Manctopia’ nickname
Daisy Jackson
Drone footage captured from way above Manchester shows just how quickly the city has grown – and proves that our hometown is well on its way to earning its ‘Manctopia’ nickname.
Cast your mind back just a few years and you’ll remember that Beetham Tower stuck out like a sore thumb, towering many storeys above the next tallest building.
In fact, until just four years ago, the next-tallest building here was City Tower, which was a good 17 storeys shorter than Beetham Tower.
Then along came Renaker with visions for an entirely new skyscraper neighbourhood – Deansgate Square.
The drone footage captured above Manchester. Credit: Instagram @lef_tsotour
This group of skyscrapers now completely dominate the Manchester skyline, with the tallest building a massive 65 storeys tall.
South Tower is not only the tallest building in Greater Manchester, it’s also the 10th tallest in the entire UK, and the biggest outside of London.
It’s all led to Manchester being coined ‘Manctopia’, the name of a BBC documentary that followed property developers Capital & Centric as they redevelop buildings around the region.
One local photographer has managed to capture the unbelievable scale of our new, ultra-modern city skyline, with drone footage soaring among the skyscrapers.
Known on Instagram as @lef_tsotour, they shared a video taken on a misty Manchester morning.
It captures both Deansgate Square, with sun glinting off the many windows of the towers, and the now-dwarfed Beetham Tower.
You can also see the railway lines snaking through the city centre, cars nipping around the ring road, and the comparatively small apartment blocks around Castlefield.
Commenting on the video, one person said: “This is mint.”
Another wrote: “Fricken love this!!!!”
Featured image: @lef_tsotour
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Question Time audience stunned as first-time buyer says mortgage quote DOUBLED
Danny Jones
Thursday night’s Question Time audience could be heard audibly gasping after a fellow crowd member revealed that her mortgage quote had doubled followed the recent mini-budget.
Taping in Manchester on 29 September, the current events and politics programme was discussing property when would-be first-time buyer Rabia revealed that her mortgage offer had jumped from an initial amount of 4.5% interest to a shocking 10.5% in just a matter of days.
As you can see in the incredible clip, both the audience and the panel are taken aback at the revelation.
The gasps from the audience as this woman reveals she’s received a revised mortgage offer of 10.5%. pic.twitter.com/a5Nb1co8al
The Greater Manchester resident said she is desperate to know what the government’s plan for mortgages is as following the latest revision, she says she simply cannot afford to put the money down on her first home.
Labour leader Sir Keir Starmer weighed in on the social media reaction, quote tweeting the clip from his party’s own account and stating that “the Tories must get back to Parliament and reverse their kamikaze budget” as the current economic mess is being “paid for by working people”.
The government’s economic chaos is already clobbering those like Rabia who're trying to get a mortgage or to re-mortgage.
This crisis was made in Downing Street but it’s being paid for by working people.
The Tories must get back to Parliament and reverse their kamikaze budget. https://t.co/bw8B2TOUgl
To make matters worse, Rabia was given no clarification from her lenders, only that they were pulling her offers. Conservative MP and Minister for Local Government, Faith and Communities, Paul Scully had little information to offer her either, simply stating it is a short-term effect and that the market will stabilise.
Scully was subject to an entirely different reaction from the audience as well after his blind attempts to defend Prime Minister Liz Truss and Chancellor Kwasi Kwarteng were met with laughter. Conversely, Richard Bacon was met with applause after he labelled the mini-budget “absurd”.
As if the anti-Tory sentiment wasn’t already at a high, the chancellor’s mini-budget – which saw the corporations, bankers and the generally wealthy benefit ahead of the working class – has seen fresh calls for a general election to be held as soon as possible.
Beyond declaring a so-called £2,500 limit on energy bills (which many have warned isn’t a guaranteed cap), there was seemingly very little in the way of policy that
For those still unclear as to what was announced in the divisive mini-budget, here is a quick summary:
Speaking in a speech at the Labour conference in Liverpool on Tuesday, Starmer said that the government “haven’t just failed to fix the roof, they’ve ripped out the foundations, smashed the windows and now they’ve blown the doors off for good measure.
Emily Sergeant -
7th October 2020 
