Community wealth building 2026: Building an economy for local people
Following the 2026 local elections, this updated guide for new councillors provides a roadmap for newly elected representatives looking to…
Centre for Local Economies
Founded in 1986, the Centre for Local Economies is an independent economics think tank. We work collaboratively across the UK and Ireland to develop solutions that ensure economies are rooted in the places people call home.
At CLES, we collaborate as equals with all levels of government, local institutions and communities – challenging outdated methods and tackling local issues with practical, long-term solutions. We are recognised as the UK’s leading voice on community wealth building.
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Community wealth building
Community wealth building is a people-centred approach to local economic development. It’s about making sure the wealth generated in a place – through jobs, businesses, public services and land – stays in that place and benefits the people who live there. Rather than wealth flowing out to distant shareholders or external corporations, community wealth building focusses on increasing local ownership, fair employment and democratic control of resources.
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