The Chancellor of the Exchequer, George Osborne, is set to visit town today (Friday).
He will be officially opening Havelock Place, a £7 million regeneration project in Hastings and a new business centre for small businesses in the region.
Questions have been raised in recent weeks on why the Chancellor offered £2 million to Eastbourne just days after its pier fire as opposed to Hastings following the devastating blaze on the pier inOctober 2010.
Mr Osborne is meeting local business leaders from across Sussex, discussing the economic redevelopment taking place in the region and Government funding.
At Havelock Place, Mr Osborne will be welcoming the development’s first tenant, Medica, a provider of radiology reporting services, and handing the firm the keys to its new office. Medica has recently expanded to take on 12 new staff.
The Chancellor is also meeting with key partners of the project including Sea Change Sussex, Vinci Construction UK, South East Local Enterprise Partnership and East Sussex County Council.
Following this, Mr Osborne is set to have a round-table discussion with small businesses based in and around Hastings to talk about the local economy and Government support for those looking to expand and grow.
Havelock Place is an office development that has been built over the past 18 months.
It is the latest one to be constructed in Priory Quarter central business district and is home to the University of Brighton’s Hastings campus and Sussex Coast College.