A £45 million funding boost will help culture and the arts regenerate some of our most run-down seaside resorts, Culture Secretary James Purnell announced today.
The investment will be targeted at disadvantaged coastal resorts around England and is intended to stimulate wider improvements and economic benefits in the area.
Mr Purnell said: 'England’s coastal resorts are a much-loved part of our heritage, but it’s a sad fact that many have been in decline in recent decades. We know that public investment in cultural projects and public spaces can give a huge kick-start to local regeneration. It can unlock additional funding to help restore decaying infrastructure and act as a catalyst to stimulate economic growth. By increasing opportunity and enhancing the local environment it can significantly improve the quality of life for residents.'

http://www.culture.gov.uk/Reference_library/Press_notices/archive_2007/dcms147_07.htm