CLES welcomes restoration of link between council funding and deprivation
Dr Tom Lloyd Goodwin, Deputy Chief Executive of CLES, said: “Local government finance is much more a niche accounting matter…
Tom shared CLES’ experience in working with local communities in England to change their procurement processes. He shared expertise from CLES’ work with Manchester from 2007 and in Preston from 2012, and described the challenges facing authorities to juggle cost and efficiency pressures in procurement.
In Preston, local spending increased from 5% in 2013 to 18% in 2016/2017 (equating to a £70 million increase). Regional spending in the Preston area also increased from 39% to 80% (£200 million), with an extra 1600 jobs being created. As a result, Preston – previously ranked among the country’s most deprived areas (in the lowest 20%) – rose out to become “the most improved place to live” in the United Kingdom. In Manchester, local spending increased from 51% in 2009 to 74% in 2015/2016, resulting in 6000 jobs being created.
Access the full report here.
Find out more about CLES’ Local Wealth Building Work here.
Want to make your local economy fairer and stronger? Talk to us – we’re here to help you make change happen.
For press enquiries please reach out to us on rosielockwood@cles.org.uk, or by calling 07802 453340
Contact us