Context
The questioner notes Bolton's economic challenges, including a lack of levelling-up funding and derelict industrial sites. The area is seeking to convert these sites into mixed-use properties for housing and business development.
Question
If he will make an assessment with Cabinet colleagues of the potential economic impact of creating a regeneration fund to support the conversion of brownfield former industrial sites into mixed-use properties?
Answer from John Glen
The Government strongly encourage the effective utilisation of brownfield land, whether it was industrial, commercial or residential in its former use. We invest heavily in brownfield remediation programmes, including £1.8 billion at spending review 2021, as well as the levelling-up fund. National planning policy also sets out what planning policies and decisions should give substantial weight to the value of using suitable brownfield land.
Not addressed: The answer did not address the specific assessment request for Bolton's economic impact from a regeneration fund.
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