BREAKING: Boston to get £21.9m Town Deal funding from Budget

Boston is set to get a sizeable proportion of the £25m Town Deal funding it had hoped for, it has been revealed as part of the Chancellor’s Budget today.
Chancellor Rishi SunakChancellor Rishi Sunak
Chancellor Rishi Sunak

Although it did not get the full amount it applied for, the district will be getting £21.9m Town Deal funding.

Chancellor Rishi Sunak announced the funding as part of a £200m overall package for towns in the East Midlands which also included Skegness and Mablethorpe.

A Treasury spokesperson said the funding would support “long-term economic and social regeneration as well as their immediate recovery from the impacts of COVID-19” for the towns.

They said that the Boston money would be aimed at contributing to contribute to “creating sustainable economic growth and increasing the connectivity between communities – helping to improve the jobs on offer to residents”.

Mr Sunak said: “My budget this year includes substantial investment across the East Midlands in the communities that need it most.”