Community Wealth Building in Wirral
Empowering socially generative suppliers
Wirral Council have developed a portal for suppliers to record their socially generative activities and ensure public spending has a positive effect upon the local economy. CLES are also working with the Council to explore how contracts can be awarded to organisations with socially generative organisational forms.
Targeting workforce inclusivity
CLES are working with Wirral Council and local anchor institutions to make workplaces a key site for advancing opportunities for those living in the most deprived neighbourhoods. This includes targeting less affluent areas for recruitment, paying the Living Wage and offering apprenticeships and in-work advancement opportunities.
Exploring community banks and local pension fund investment
Wirral Council are exploring opportunities to collaborate with Liverpool, Preston and the Community Savings Bank Association to support the establishment of a North West Community Bank, as well as reviewing the possibility of using a portion of the Merseyside Pension Fund for local investment opportunities.
Council assets as a cornerstone of inclusive regeneration
Work has begun on an analysis of the social role of the Council’s 1,898 land and property assets and to explore their role in driving forward inclusive regeneration approaches, for example as part of a Wirral-wide Community Land Trust.
Supporting socially generative business
Wirral Council are exploring what business support is required to foster a nurturing environment for generative organisational forms (e.g. co–operatives, CICs, CLTs etc). This follows on from CLES’ suggestion to make plural ownership of the economy a key corporate priority for the Council.
Collaboration
Wirral Council chairs the Wirral Partnership, giving them a strong stewarding role with other anchor institutions in the Borough. This provides an ideal steering group to drive through actions that deliver all five pillars of community wealth building, such as linking workforce priorities and asset management strategies.