Cllr Ben Dowling, cabinet member for planning, regeneration and economic development at Portsmouth City Council, said the Â£675m funding announcement comes at a critical time for the high street, but solutions to problems in the cityÂ may be different to other areas.
The fund aims to rejuvenate high streets in the UK. Cllr Dowling said: '˜We welcome the newsÂ but hope the government will give us sufficient flexibilityÂ to decide how the cash is spent in Portsmouth.
'˜WeÂ agreeÂ more emphasis needs to be made on making our shopping centres into community hubs. The launch of Southsea Library in a Woolworths store in 2011 is a great example of how this approach can help to rejuvenate a shopping area.Â We'll be putting a bid together for the fund.'