The Chancellor of the Exchequer, Rishi Sunak MP, has joined Maria Caulfield MP in Newhaven to see for himself the difference that the Conservative Government’s Levelling Up Fund is making in Newhaven.
Local Newhaven MP Maria Caulfield successfully lobbied the Chancellor to approve a bid of nearly £13 million from the Levelling Up Fund to help towards the regeneration of Newhaven.
The funding will help transform Newhaven’s fishing industry bringing jobs to the town and boosting the wider economy across the constituency.
The successful bid was to:
• provide two new fish landing stages which will accommodate 16 smaller vessels, increasing the value of their catch to 2015 levels by 2029/30.
• build a new Centre of Excellence for Seafood Processing at Avis Way, creating an auction room and marketplace.
• stimulate the local market for fish at the West Beach by constructing a new Restaurant and Community Destination complete with children’s play area, volleyball court and splash pool.
During the Chancellor’s visit to Newhaven he was able to discuss with local fishermen how the plans will improve the local fishing industry and boost the local economy.
This funding is in addition to the previous funding secured by Maria Caulfield MP for Newhaven including £19.3m from the Town Deal, £5m from the Future High Streets Fund, over £6m from the Port Infrastructure Fund, £1.2m from the Getting Building Fund, and £800,000 from the Cultural Recovery Fund for Newhaven Fort.
Maria Caulfield MP said “I was delighted to have been able to secure this funding of nearly £13 million for Newhaven in the budget that was announced by the Chancellor in October and I have been pleased to welcome Rishi Sunak to the town to show him how this funding will transform the local fishing industry.”
“These are big plans that will really help to regenerate Newhaven, on top of the over £30 million in other funding that has been approved for Newhaven.”
Chancellor Rishi Sunak said: “There is an enormous amount of optimism, people have been waiting for years and years for something to happen and they feel like they have been left behind. Now for the first time they feel like someone has listened and delivered for them. They now look at that future with a huge amount of optimism because they can see what's happening. I feel if you are growing up here, you’ve got a lot to be super optimistic about.”
