Community Wealth Building
Community Wealth Building (CWB) reduces the wealth flowing out of the local economy so that it can be shared more widely and recirculated for the benefit of local people and businesses.
Find out more about PCC and Community Wealth building here.
Preston City Council has been building community wealth since 2012 and using its s influence as an employer and as a major purchaser of goods and services, it has successfully promoted the inclusive growth of the local economy. This approach has become widely known as, “The Preston Model.” Find out more about the Preston Model here.
The Preston Partnership’s City Investment Plan and the Stoneygate Regeneration Framework are significant new opportunities to align city centre regeneration with the principles of Community Wealth Building. CWB will also be at the heart of the Council’s response to the climate crisis, ensuring that a green and fair recovery creates local jobs and training opportunities as well as new opportunities for community ownership and investment. Climate Action Preston is also working hard on new projects which will benefit the local community.
Find out more here.
Preston’s experience during the pandemic is reflected with a renewed focus on faith, voluntary sector and community organisations and trade unions. This includes a new branch of Citizen’s UK to bring together many of these organisations will support the development of a shared, community-wide agenda for a resilient and inclusive recovery.
Find out more here.
PCDN is part of the CVB programme too, as we help Preston people to explore other ways of doing business.