Leyland granted full £25m from Towns Fund

By Tim Aldred

17 Oct 2022

Leyland has been successful in bidding for the full £25m available from the government's £3.6bn Towns Fund.

Paired with the £13m already contributed directly by South Ribble Borough Council, the borough is now set to benefit from £38m of investment.

The Leyland Town Deal Board, which includes representatives from private sector businesses, education, public, community and voluntary sectors submitted the successful bid in October 2020 and now, with the confirmation of funding, the project can now progress.

The Town Deal will see improvements to the town centre along with a refurbishment of the Leyland Market and the creation of new residential properties and a new business and skills hub.

The plans are designed to boost business and skills and create jobs for local people, both during the construction and within the new commercial facilities to be delivered.

Coun Paul Foster, leader of South Ribble Borough Council said, “We are absolutely delighted that we have been awarded the full £25m for this project. The plans were radical and ambitious and will provide for delivery of desperately needed affordable homes for our local families, new business units and a long overdue refurbishment for the Leyland Market.

"We have worked tirelessly to ensure this investment wasn't lost in the turbulent waters of central government and the role of the council and our team has been pivotal. I'm so proud that we were able to create a really compelling case for Leyland."

Work has already begun with local residents and businesses invited for a Meet the Buyer consultation event to encourage local contractors and other construction-based businesses to get involved in the project.

The planning applications for the scheme designs have been submitted and the next steps will be finalising the design, appointing contractors to deliver the scheme and engaging with those businesses who will be impacted by the works.

Enjoyed this? Read more from Tim Aldred

Latest news

1

Lancashire names rise and fall in latest Rich List Matt Riley

Lancashire names rise and fall in latest Rich List

15 May 2026

2

fulfilmentcrowd acquires Fulfilment.nl to accelerate European growth Lee Thompson, CEO at fulfilmentcrowd, shakes hands with Robin Gerrits, Founder and Managing Director at Fulfilment.nl

fulfilmentcrowd acquires Fulfilment.nl to accelerate European growth

14 May 2026

3

Government urged to take action to boost UK visitor economy Frank McKenna

Government urged to take action to boost UK visitor economy

14 May 2026

4

Fox Group boost acquisition portfolio Fox Group CEO Paul Fox, DSD CEO Shaun Nugent and DSD MD Martin Tweddle

Fox Group boost acquisition portfolio

13 May 2026

5

Jobs axe set to fall at Victrex Victrex

Jobs axe set to fall at Victrex

12 May 2026

Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
LBV128 May/June Magazine Networking Event
Canva - Mag Launch
Networking
19 May 2026

LBV128 May/June Magazine Networking Event

Colne Market Hall, Lancashire, BB8 0HS

08:30 - 10:30

Funding Summit
Funding Logo Canva Mid
Summit
17 Jun 2026

Funding Summit

Village Hotel Blackpool

08:30 - 11:00

LBV129 July/August Magazine Networking Event
Nov/Dec Networking Event
Networking
16 Jul 2026

LBV129 July/August Magazine Networking Event

Brysdales, Britannia Buildings Drumhead Road, Chorley, PR6 7BX

16:00 - 18:00

LBV130 September/October Magazine Networking Event
Jan/Feb Networking Event - Entrance
Networking
17 Sep 2026

LBV130 September/October Magazine Networking Event

The Beehive Blackburn, Shadsworth Business Park, BB1 2Q

08:30 - 10:30

LBV131 November/December Magazine Networking Event
Jan/ Feb Networking Event - Talking
Networking
19 Nov 2026

LBV131 November/December Magazine Networking Event

Lancashire

08:30 - 10:30

Research and Knowledge Exchange Festival 2026
Spark 2026 newsletter v3-5 (1).png.png
LBV Hub Seminars
18 May 2026 - 22 May 2026

Research and Knowledge Exchange Festival 2026

University of Lancashire, Preston, PR1 2HE

10:00 - 20:00

How to handle an underperforming employee
Logo.jpg.jpg
LBV Hub Seminars
20 May 2026

How to handle an underperforming employee

The Longlands Hotel, Carnforth, LA6 1JH

08:00 - 10:00

Getting ahead of risk: Managing cash flow, costs, funding and supply chains in uncertain times
Webinar invite (3).png.png
LBV Hub Webinar
20 May 2026

Getting ahead of risk: Managing cash flow, costs, funding and supply chains in uncertain times

Online - teams, N/A, N/A

09:30 - 11:00

Culture, Community & Commerce in the City # 1 - Northern Dough Co x WASH Studio
8.png.png
LBV Hub Networking
20 May 2026

Culture, Community & Commerce in the City # 1 - Northern Dough Co x WASH Studio

Society1, Coworking Space, Preston, PR1 3LT

18:00 - 20:30

U35 Networking Event
Logo.jpg.jpg
LBV Hub Networking
20 May 2026

U35 Networking Event

The Royal Hotel & Bar, Lancaster, LA1 1YD

17:30 - 19:00

Stop Underselling, price for profit, not just survival
Logo.jpg.jpg
LBV Hub Seminars
21 May 2026

Stop Underselling, price for profit, not just survival

Lancaster & Morecambe College, Lancaster, LA1 2TZ

08:00 - 10:00

Preston Freelancer Meet-Up: May
LBV Hub Networking
21 May 2026

Preston Freelancer Meet-Up: May

Society1, Coworking Space, Preston, PR13LT

10:00 - 12:00

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV124 Online Graphic
Subscribe now

Weekly news bulletin