Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • How a lumpsum calculator supports mutual fund investment decisions
    • Mutual fund companies earned more in Q1 as markets rose—but investors should look deeper
    • Manulife Investments Announces July 2026 Cash Distributions for Manulife Exchange Traded Funds and ETF Series of Manulife Funds
    • Intel’s $90 Billion Wipeout Sparks 20% Crash In These ETFs
    • Most Income Investors Have Never Heard of These 3 ETFs Paying 8 to 12 Percent Every Month
    • Fund firms deploy ETF ‘spaghetti cannon’ in hunt for next hot trade
    • Bitcoin ETFs bleed $225M while Ether funds quietly attract capital
    • Bitcoin ETFs Just Pulled In $1 Billion, It Recovered Only 15% of June’s Losses.
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»Boundaries for £20m neighbourhood funds an ‘absolute nonsense’
    Funds

    Boundaries for £20m neighbourhood funds an ‘absolute nonsense’

    December 5, 2025


    The two areas of Weston and Redbridge & Millbrook West are both set to benefit from £20 million over 10 years as part of the government’s Pride in Place programme.

    Concerns have been raised that the current geographical coverage for the investment does not match up with residents’ expectations.

    This is due to the government using middle layer super output areas, which are boundaries used for statistical purposes.

    Conservative councillor Steven Galton said at present only one polling district in the Millbrook ward is part of the programme boundary.

    At full council on Wednesday, November 26, he called on the Labour administration to commit to pressing the case for including the areas that residents would consider to be Millbrook.

    Cabinet member for finance and resources Cllr Simon Letts said it was a governance issue that fell under the responsibility of the neighbourhood board, which is yet to be set up.

    Cllr Letts said the council was waiting for civil servants to provide details on how the governance would work, including who should be on the board and how the chair is recruited.

    The former council leader said once that information was available, lobbying and representations could be made, with ward councillors and MPs part of the process.

    He told Cllr Galton the situation on the other side of the city was worse in many ways.

    Cllr Letts, who represents the Peartree ward, said: “The Weston area actually cuts through the middle of a school, so one half of the school can apply for money but the other half can’t as it sits at the moment.

    “Now frankly this is an absolute nonsense as we know and we will obviously be making sensible suggestions about the geography that will be covered, bearing in mind that any capital spend, and remember 70 per cent of this currently will be capital, the chances are if we are investing in facilities those facilities, of course whilst geographically in an area, will have a wider reach.

    “I am aware of the issue and I will let you know as soon as we get the governance arrangements through from civil servants.”





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Active funds vs passive: Is active management still relevant?

    July 24, 2026

    The Best Large-Growth Funds and ETFs to Buy

    July 24, 2026

    SBI Funds Management vs HDFC AMC: Which AMC Stock is Better – Stock Insights News

    July 24, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023

    Most Income Investors Have Never Heard of These 3 ETFs Paying 8 to 12 Percent Every Month

    July 24, 2026
    Don't Miss
    Mutual Funds

    How a lumpsum calculator supports mutual fund investment decisions

    July 24, 2026

    Planning to invest a lumpsum in mutual funds? This route offers benefits like immediate capital…

    Mutual fund companies earned more in Q1 as markets rose—but investors should look deeper

    July 24, 2026

    Manulife Investments Announces July 2026 Cash Distributions for Manulife Exchange Traded Funds and ETF Series of Manulife Funds

    July 24, 2026

    Intel’s $90 Billion Wipeout Sparks 20% Crash In These ETFs

    July 24, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    3 reasons why government might pause issuing Sovereign Gold Bonds

    August 27, 2024

    3 top Vanguard ETFs to consider for an ISA or SIPP in 2026

    December 26, 2025

    What Is UPI’s ‘Pay With Mutual Fund’? All You Need To Know About This Feature | Savings and Investments News

    October 22, 2025
    Our Picks

    How a lumpsum calculator supports mutual fund investment decisions

    July 24, 2026

    Mutual fund companies earned more in Q1 as markets rose—but investors should look deeper

    July 24, 2026

    Manulife Investments Announces July 2026 Cash Distributions for Manulife Exchange Traded Funds and ETF Series of Manulife Funds

    July 24, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹9000 monthly SIP can help you retire at 45 with ₹2 lakh monthly pension

    May 5, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.