My Department’s contribution to the Government’s work in support of the regeneration of seaside towns is through the £45 million (£15 million per annum over the next three years) Sea Change Programme. This has only been in place since 1 April 2008, but £29.3 million has been made available for regeneration of seaside towns through this initiative since then as set out in the table:
Financial year Grant allocated (£) 2008-09 14,610,980 2009-10 14,665,500 Total allocated to date 29,276,480
It is too early to announce plans for public expenditure beyond 2011.