Communities Minister Don Foster has announced the opening of bidding for a share of £300 million.

The Local Government Finance Act, which received Royal Assent on November 1, could deliver £10bn worth of economic gain, according to Communities and Local Government Secretary Eric Pickles.

Local Enterprise Partnerships (LEPs) are to receive £24 million for funding from Government for core functions.

Neighbourhoods across the United Kingdom are to benefit from government fund with £50m on neighbourhoods with good market prospects, and local councils matching a further £50m.

Local councils in England are set to benefit from over £1 million of additional government funding to tackle air pollution.

Grant Shapps highlights need to rein in excessive chief exec pay packets

£100,000 funding will help companies develop their ideas for new digital products

Creative and digital businesses can bid for up to £100,000 for their projects

Funding to be opened to farmers and land managers for the first time from April

Funding package terms to include a council tax freeze and more police officers

Communities will work with their councils to decide how to spend the extra funding

Improvements include improvements to the canopies and streetscene in the town centre.

Schemes in Merthyr include an enhanced highway system and development of a major new public square in the town centre.

Councils will be able to borrow against future business rates increases

Indications the government will slim down commitments to sustainable technology in the comprehensive spending review.