The shadow planning minister has welcomed the Portas Pilots but says there are "very serious questions" about the hundreds of town centres which have missed out on the scheme.
"There are now a record 23,406 empty shops in town centres alone but ministers are still failing to grasp the seriousness of the situation.
"This Government's failed economic policy and double-dip recession made in Downing Street is clearly damaging high streets across the country and short-term schemes like this will not be enough to save them."
Loughborough and Leamington Old Town are to receive backing from the Government to rejuvenate their High Streets
Wolverhampton is one of only 12 towns in the UK to have been selected for the Portas Pilot.
Hundreds of towns across the country have applied to become part of the Mary Portas’ Pilot Scheme to rejuvenate their High Streets.