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UK high streets fashion brands to get £830 mn boost package

Amid the COVID-19 pandemic, the British government has said an £830 million boost to high streets fashion brands to help them recover from the pandemic.

Recently Robert Jenrick, Communities Secretary announced, “The boost package, from the Future High Streets Fund, will aid 72 zones in England and safeguard thousands of jobs.”

Figure: British government has declared an £830 million boost to high streets fashion brands to help them recover from the pandemic.

Robert Jenrick stressed, “The 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.

Today’s 830 million pound investment from the Future High Streets Fund is one of many ways the UK government is working to aid our much-loved town centers get through this and prosper into the future.

“This investment will help us build back better and make town centres a more attractive place to live, work and visit,” told Robert Jenrick.

The UK govt. launched Future High Streets Fund in December 2018 as a major project to overhaul town centres across the country.

Chancellor Rishi Sunak said, “We are supporting our high streets to get through this pandemic through business grants, paying people’s wages and tax deferrals.

“The Future High Streets Fund will help areas bounce back through regeneration projects that level up opportunities and create jobs right across the country.”

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