Levelling Up cash to enhance Peterborough railway station

The investment will see a new "station quarter" in Peterborough

Almost £48m of government funding will be used to "regenerate" a city's station quarter.

The cash, from the Levelling Up fund, will be spent on building a new entrance and footbridge at Peterborough railway station.

It will go to the Cambridgeshire and Peterborough Combined Authority.

The government said more than 100 UK projects will benefit from £2.1bn.

Peterborough railway station is operated by London North Eastern Railway

The deputy mayor of Cambridgeshire and Peterborough, Cllr Anna Smith, said regenerating the station quarter "has the power to uplift not just the city but the whole region."

"It's a great addition to what we are going to to be able to offer in the East of England and will make Peterborough itself greener and ever more welcoming to visitors, investors, and businesses," she said.

Paul Bristow, the Conservative MP for Peterborough welcomed the news, saying the investment would create a "station quarter" in the city.

On Twitter he said it was a "game changer" and it will make "jobs, investment, and life better for almost everyone in our city".

Paul Bristow signed Peterborough's Levelling Up bid in June

A total of £47,850,000 would create "a new gateway to unlock the vibrant city centre for local people, commuters and visitors".

Prime Minister Rishi Sunak said: "Through greater investment in local areas, we can grow the economy, create good jobs and spread opportunity everywhere.

"By reaching even more parts of the country than before, we will build a future of optimism and pride in people’s lives and the places they call home."