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Call to reserve Euro cash for cities

28 April 2006

Billions of pounds of European regeneration cash should be concentrated into a small number of UK cities, rather than be spread evenly across the country, says an influential think-tank.

Moneywise: The Small Firms Loan Guarantee

28 April 2006

Source of funding A number of venture capitalists offer loans to small to medium-sized firms and these are guaranteed by the Department of Trade and Industry as part of a joint venture with participating lenders.

15 National Lottery distributor launches a website

28 April 2006

The 15 National Lottery distributors have launched a website to help organisations looking for lottery grants. The site has been designed as a "one stop shop" - a single "virtual gateway" to lottery funding information. It is at www.lotteryfunding.org.uk.

Report by the Scottish Executive's Finance Committee

28 April 2006

The establishment of a single fund to combat deprivation has been recommended in a report by the Scottish Executive's Finance Committee. In a wide-ranging review of deprivation spending, it says a single national fund would help to tackle problems more effectively. The report is available at www.regen.net/doc The executive board of Leeds City Council has given the go-ahead for the authority to bid for £90 million from the ODPM to improve Beeston Hill and Holbeck under a private finance initiative. If approved, the scheme would see 200 council homes and up to 500 private homes built.

Tees Valley Housing Group awarded funds

28 April 2006

Housing association Tees Valley Housing Group has been awarded more than £9 million to develop affordable housing and regeneration projects across the Tees Valley and North Yorkshire. The Housing Corporation funding will be spread across ten schemes.

Scientific research programmes to receive funding

28 April 2006

Scientific research programmes linked to key environmental and health policies in Scotland are to receive £200 million over the next five years from the Scottish Executive. Research must be targeted specifically at policy areas such as climate change, biodiversity and environmental, social and economic sustainability.

We'll axe quangos, says Tory regeneration chief

28 April 2006

An incoming Tory government would scrap regeneration agencies and return powers to councils, according to shadow minister for regeneration and communities Alistair Burt.

Lords reject new Lottery bill powers

28 April 2006

Peers have voted to limit ministers' powers over how National Lottery cash for good causes should be spent.

East Belfast Enterprise chosen

28 April 2006

Business development charity East Belfast Enterprise has been chosen as the preferred developer for a new business centre in the city. Supported by the Department for Social Development's Belfast Regeneration Office, the scheme includes a business incubation centre and rentable workshops and is intended to create more than 90 jobs once completed.

John McAslan and Partners appointed to work on Grow Brighton

28 April 2006

Architects John McAslan and Partners have been appointed to work on Grow Brighton, a £100 million city centre regeneration scheme. The design includes a cylindrical 12-storey residential tower, a four-storey library, half an acre of public landscaped space, and another 124 new homes across the site.