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Newark Town Fund group to look at ways to invest up to £25m in Government money from Towns Fund initiative

The inaugural meeting of the Newark Town Fund group, which will look at ways of investing up to £25m of Government money, has been set for January.

The Government prospectus for the fund has been published and all 100 towns nationally that will benefit from the injection have been asked to develop plans as to how it would be used.

Included in the prospectus is the necessity to form a town board, made up of community, businesses and local leaders, to draw up ambitious plans to transform the town’s economic growth prospects ­— with a focus on improved transport, broadband connectivity, skills and culture.

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