New fund to help coastal areas

Chris Schutrups (centre) of The Mortgage Hut is presented with his award by presenter of The Gadget Show, Georgie Barat (left) and MAB Sales Director Gareth Herbert

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COASTAL areas like Hampshire will receive a multi-million pound boost each year, the Treasury has announced.

A new Coastal Communities Fund will support charities, the environment, education and health. The government says examples could include support for developing renewable energy.

Half the revenue raised by the Crown Estate’s marine activities will be pumped into the fund every year. In April next year there will be £23.7m up for grabs. No details have yet been released on how to apply for cash.

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