The £50 million town centre fund, which I announced in the budget, has been developed in partnership with the Convention of Scottish Local Authorities and was launched on 1 March. The fund will be distributed across all local authorities to enable them to stimulate and support a wide range of investments that encourage town centres and city neighbourhoods to diversify and flourish. The distribution of the fund was agreed jointly by Scottish Government and COSLA leaders. It will be for local authorities to allocate the fund against the themes of “Town Centre Action Plan—the Scottish Government response”.