Skip navigation

Gloucestershire Business News

Trustees pledge £625,000 to support canals restoration - NEW COMMENT

The Canal and River Trust is backing the bid to reconnect Stroud to the national canal network, it has been announced.

In a move that has delighted Stroud District Council, trustees have pledged £625,000 to support the restoration of the Cotswold Canal.

The assistance will be spread over five years from 2018 if a bid this year to the Heritage Lottery Fund is successful.

This is in addition to the support 'in kind' that the trust can also provide.

David Hagg, chief executive of Stroud District Council, said: "We're delighted to receive support from the Canal and River Trust.

"It's a real endorsement of all the effort that has gone into restoring the canal.

"The funds could be an important factor in helping to secure a bid by Cotswold Canals Trust and Stroud District Council to the Heritage Lottery Fund later this year, which would see nearly £20million overall investment in the waterway.

"Equally, we look forward to working with the Canal and River Trust's staff and to making the best possible use of their tremendous knowledge and expertise.

"If the bid is successful, it will fulfil the waterway movement's long-held ambition to connect approximately 11 miles of 'new' canal to the wider network as it will connect the six miles of largely restored canal around Stroud, to the Canal and River Trust's network at Saul Junction on the Gloucester and Sharpness Canal."

Jim White, chair of the Cotswold Canals Trust, added: "The Canal and River Trust has been supporting the Cotswold Canals for the past few years with management support and professional advice although this has passed largely under-the-radar to the wider waterways movement.

"Their financial support now is very welcome indeed as we go back to the Heritage Lottery Fund to try and unlock the funds to complete the restoration of the Stroudwater Navigation."

The decision follows Stroud District Council's investment of £3million in the canals project, and Gloucestershire County Council's recent announcement that it will commit £700,000.

If the bid to the Heritage Lottery Fund is successful, 'Stroudwater Connected' would start in 2018/19 with the Canal and River Trust's contribution of £125,000 per annum, plus staff time as can be made available, continuing over five years.

Richard Parry chief executive of the Canal and River Trust, said: "Cotswold Canal Trust and Stroud District Council have done an amazing job in building support for this project.

"We are pleased to pledge what funding we can to help unlock the significant HLF funding required.

"There is no better way of transforming places and enriching lives than restoring an abandoned canal and reconnecting it with its local community, especially when it will also be re-connected to the national waterway network, providing an exciting new destination for boaters to visit."

What do you think? Email mark@moosemarketinganpr.co.uk 

Readers' comments:

Mike Lawrence: I very much regret that, as there are far too many reputations sunk (that is the correct word here) in the canal project, they will try to keep it going with volunteers and drip-fed funding and 'never mind the quality, feel the width', marketing of the idea that it is all going well and the benefits to Stroud are beyond measure.


Related Articles

Pretty as a picture: Investors snap up art gallery Image

Pretty as a picture: Investors snap up art gallery

Move follows administration for 2006 Cotswold business.

EXCLUSIVE:

EXCLUSIVE: "No" to luxury boost for £12m home

Refusal on Cotswold hideaway with illustrious past.

Countryside 'cut off' as rural 3G shut down Image

Countryside 'cut off' as rural 3G shut down

The countryside is being cut off by the mobile phone networks’ switch-off of 3G signal, rural organisations have warned.

Gloucester announces new head of culture and leisure services Image

Gloucester announces new head of culture and leisure services

Louisa Davies has been appointed the new head of culture and leisure services for Gloucester City Council.

Copyright 2024 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.