Skip to content
Monday 31 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,824.26
+0.29%
DAX
26,258.11
-1.17%
CAC 40
8,334.50
-0.79%
STOXX 50
6,420.16
-1.01%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Sunday 10 January 2016 9:22 am

David Cameron promises £140m turnaround of sink estates

By: Lynsey Barber

Add as a preferred source on Google

David Cameron has promised £140m to redevelop so-called sink estates in an effort to tackle poverty and social problems.

Some 100 housing estates across the UK will be redeveloped and some knocked down "starting from scratch" under new plans.

"Behind front doors, families build warm and welcoming homes. But step outside in the worst estates and you’re confronted by concrete slabs dropped from on high, brutal high-rise towers and dark alleyways that are a gift to criminals and drug dealers," the Prime Minister said, writing in the Sunday Times.

"The police often talk about the importance of designing out crime, but these estates designed it in. Decades of neglect have led to gangs, ghettos and antisocial behaviour. And poverty has become entrenched, because those who could afford to move have understandably done so."

The scheme, details of which will be set out in a speech by Cameron on Monday, will be lead by Lord Heseltine, who oversaw the redevelopment of London and Liverpool in the 1980s.

Cameron cited research indicating those involved in the riots of 2011 were overwhelmingly from post-war estates. 

The cash will fund the planning process, temporary rehousing and early construction costs.

​The regeneration could lead to hundreds of new homes being built in London. A new report from Savills due to be published tomorrow will suggest that more homes can be built where current estates stand.

"What the Savills research shows is that housing estates can deliver more homes and be made into better neighbourhoods by re-integrating them into the wider street network and creating or repairing the streetscape," said Savills research director Yolande Barnes.

"This creates more highly valued neighbourhoods. The signs are that new developments of ‘complete streets’ cost less to build than conventional estate renewal."

London's Winstanley estate in Wandsworth and Broadwater Farm in Tottenham are among those reportedly being targeted for redevelopment.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Markets & Economics
  • News

Categories

  • Business
  • Economics

Trending Articles

  • Pensioners to hand over bank statements in government benefits crackdown

  • Jaguar reveals the Type 01’s screen-free interior

  • Jamie Carragher: HMRC petitions for Sky Sports star to be declared bankrupt

  • City firms mandate phone and face-to-face comms bootcamps for Gen Z lawyers

  • Jamie Vardy bags Bundesliga rights as he steps up streaming war with Neville and Lineker

More from Morning Wire

  • BXB Estates Completes AED 110 Million Record-Breaking Sale, the Highest Residential Transaction in Jumeirah Golf Estates History

    Business Wire
  • FTSE 100 Segro agrees to £14bn takeover by Prologis

    Property
    David Sleath, Chief Executive Officer, delivering a speech at a business conference with a focused expression.
  • Metro Bank profit jumps as it bucks branch closure trend

    Banking
    Metro Bank logo on a blue sign above a modern building entrance with reflective windows
  • IHT pension scramble shows ‘no sign of slowing down’, says Royal London boss 

    Investing
    Royal London shared £181mn with its 2.3m customers in April
  • Mark Kleinman: English football’s New Deal heads into injury time

    Business
    Mark Kleinman is Sky News' City Editor and writes a column for Morning Wire
  • Plus500 splashes cash on investors after US expansion bears fruit

    Fintech
    Plus500 branding on a large Jumbotron scoreboard at a US sports arena, displaying game stats.
  • Lepas L8: China’s New SUV Means Business

    Life&Style
    Front view of a purple SUV, possibly a Lepas L8, with headlights on, on a dirt road against a cloudy sky.
  • Global advisory giant Brunswick explores capital raise

    Advisory
    Alan Parker speaking at a business forum, gesturing with hands, blue background with NIKKEI and FORUM visible
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook