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£120m fund will aim to end financial exclusion

10 December 2004

A £120 million government fund is to be set up to tackle financial exclusion, chancellor Gordon Brown announced last week.

The latest stage of a £5 billion regeneration scheme in the shadow of the Millennium Dome was unveiled this week. The London Borough of Greenwich approved plans for a 340,000sq metre Millennium Square (see visualisation, above) which would rival Leicester Square in size and include offices, cafes and restaurants. Due to open in 2007, the scheme would form a canopied link between the Dome entrance and North Greenwich station. The design by Barr Gazetas has a 56 metre-high mast and slots into an overall masterplan by Terry Farrell and Partners. Government regeneration agency English Partnerships and private firms are running the scheme.

Setback for property regeneration sector

10 December 2004

Gordon Brown has shelved the introduction of Real Estate Investment Trusts, seen by many as a vital tool for encouraging investment in property regeneration.

Concern over tax incentives for renovating empty premises

10 December 2004

The Government has set out plans to expand the scope of regeneration zones to provide businesses with tax incentives to renovate their properties.

North to get three 'science cities'

10 December 2004

Manchester, Newcastle and York are to be transformed into 'science cities' under a £100 million government plan to promote Britain's science industry.

Baby bond could pay out again to children

10 December 2004

A government fund set up to provide endowments for new-born infants could be extended to give more money to poorer children, it was announced last week.

Young view of Leeds life

10 December 2004

A group of youth club members aged between 11 and 18 have spoken out about what they think of their local neighbourhood through a story of art to be displayed in the heart of a 'no-go' area of Leeds. Inspired by the East Park Community Association, set up four years ago by local people in a bid to halt the rot of the Richmond Hill, Cross Green and East End Park areas of Leeds, seven young people last week completed a three-week project to portray, through imagery, how they perceive their area. Using a variety of media, they produced a collage of graffiti, burnt-out cars and run-down housing as their interpretation of where they live. Their work will be displayed in a newly-opened community centre.

Child tax credit gets a £65 a week boost

10 December 2004

Government attempts to eradicate child poverty will be boosted by a £65 increase in the child tax credit (CTC), chancellor Gordon Brown announced last week.

Ten-year plan to get kids off to a good start

10 December 2004

The Government has placed child welfare centre stage with the publication of a ten-year childcare strategy outlining its commitment to give children a good start in life.