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Any area will be able to bid for regeneration funding

The Welsh Government has announced a change to how it intends to regenerate some of our most rundown areas.

In future, any part of Wales will be able to bid for part of a £30-million pot, rather than limit the cash to seven specific areas.

Opposition parties argue a new focus is long overdue but Heritage Minister Huw Lewis says the Government has learnt from past failings.

With the current squeeze on public finances we have to ensure that every pound spent has a regenerative consideration.

Taking a more collaborative and targeted approach to regeneration across Wales will mark a change in the way we invest in our towns and communities for a decade to come.

Investment for regeneration will no longer be stopping at boundaries or borders.

We will be guided by Local Authorities to bring forward cases for investment that will help bring lasting improvement to our communities, tackle poverty, deprivation and mitigate the effects of welfare reform.

– Huw Lewis, Minister for Housing, Regeneration and Heritage

Boost for Welsh seaside towns

Barry and Aberystwyth will benefit from funding Credit: ITV News Wales

1.3 million pounds of Welsh Government funding has been announced for Aberystwyth & Barry.

800 thousand pounds has been given to regenerate Aberystwyth town centre.

8 projects in Barry will benefit from the remaining half a million pounds, including Barry Island lifeguard station and the waterfront.


Llandarcy redevelopment gets the go ahead

An artist's impression of the planned development viewed from the air Credit: ITV News Wales

More than 300 homes are set to be built on the site of the former BP refinery in Llandarcy.

Dubbed 'Coed Darcy', the construction of the homes is part of a project that developers say will include 4000 houses over the next 25 years, as well as schools and leisure facilities.

Developer St Modwen called the planning approval "an important milestone", and said the scheme would create upto 880 jobs.