Community wealth building

Climate emergency is here. For local economies, this changes everything.

As we head into a new decade, it is now impossible to ignore the fact that the climate emergency will be the dominant issue above all others in the 2020s.

Whether it be Bolsonaro burning the Amazon or, closer to home, vast flooding across Yorkshire and the Peak District, events in recent months have breathed terrifying life into Greta Thunberg’s assertion that ‘we need to act as if our house is on fire, because it is.’

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On the front line of social change – the importance of community businesses in community wealth building

If you want to see community wealth building in action, come to Liverpool 8.

There you will find The Florence Institute – known to all around as The Florrie – a vibrant community hub housed in an imposing Grade II listed Victorian building. Since being restored by local activists in 2012, The Florrie has been a space of empowerment for local residents – building wealth by offering jobs and projects to support those most in need.
“Community businesses play a crucial role in community wealth building by enabling a more plural ownership of the economy”
It was therefore a fitting venue for last week’s launch of CLES’ latest research on behalf of the Power to Change Research Institute – Building an inclusive economy: the role of social capital and agency in community business in deprived communities. The report looked at how community businesses can support the development of more inclusive economies in deprived areas. Using three case studies (north Hull, west Smethwick, and south Liverpool), CLES has spent the last year seeking to understand how varying forms of social capital are needed to help seed a vibrant local community business scene.

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Celebrating eight years of community wealth building in Preston

Much has been said about the so-called “Preston model” – a new economic approach developed by the City Council, against the grain of much conventional thinking on economic development. In eight years, Preston has shown that a different model is possible. The deep, practice-focused work now stands as proof that community wealth building can drive real change.

That is why we’re proud to today be releasing How we built community wealth in Preston; achievements and lessons. This publication, jointly produced by CLES and Preston City Council, is the definitive telling of the story and the theory behind the ‘Preston model’, written by two organisations who have led on this work from the very beginning.

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Reflections on the Community Wealth Building Summit

Back in the office at the start of a new week, the CLES team is fired with an enthusiasm that only comes with successfully bringing 200 dedicated activists and changemakers together. As we push on to drive further actions and outcomes, the team has taken some time to offer three quick-fire reflections of our own from the day about what #cwbis to us…

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  • RESEARCH

    Time to Build an Inclusive Local Economy

    30th May 2019
    1.6MB     .pdf
    Recommendations for change to advance an inclusive economy focused on community wealth building, social justice, environmental sus...
  • FINDINGS

    Manchester City Council Spend Analysis

    5th March 2018
    79.2kB     .pdf
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  • Animation: What is local wealth building?

    08 Feb. 2018

    • Community Wealth Building

    What is Community Wealth Building, why is it important, and what has CLES been doing about it?

    Over the past 10 years, CLES has amassed a body of work around Community Wealth Building and Anchor Organisations in Greater Manchester, Preston, Birmingham and 11 cities across Europe. This pioneering work is focused on building an economy where wealth – including the spend of local anchor organisations – is recirculated locally for the benefit of local communities.

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    A new urban economic agenda: localise, socialise, and democratise

    There are sensible ways through which we can reorganise the UK economy, argues CLES CEO, Neil McInroy. He explains how a new urban economic agenda can be implemented and how it can help build a more socially just future.

    All things must pass and the dominant urban economic model of the last few years is starting to creak, and a new progressive agenda is threatening to replace it. At its core is a rejection of liberal economics, a questioning of urban economic policy, and a desire to reorganise our city economies: social justice and environmental sustainability are not just hopes but central objectives.

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  • Community Wealth Building Workshop

    03 Aug. 2017

    • We need a society which is on the up

    The Social Mobility Commission has confirmed what many have long known – governments have failed to significantly reduce inequalities. The Brexit vote and the subsequent soul searching has finally brought many of these issues to the fore. The growing sense of disenfranchisement in the country and increasing gap between “haves and have nots” is now penetrating mainstream discourse, prompting a political rhetoric of an ‘economy that works for all’ where the benefits of growth are shared among the ‘many, not the few’.

    What we have been doing has clearly not worked

    The UK economy has not worked for all for a long time. Indeed our economic models for decades have tolerated, and been somewhat unconcerned, by high levels of socio-economic inequality. What we have been doing collectively to address challenges of poverty and inequality over the past two decades have clearly not worked. In its report Social mobility policies between 1997 and 2017: time for change, the Commission argues that successive governments have failed to make social mobility the cornerstone of domestic policy, and that long-term progress has too often been sacrificed to short-term change. A piecemeal approach has bought some advances, but a failure to develop a holistic policy approach has meant that gains have been lost as efforts have waxed and waned.

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  • MANIFESTO

    What Needs to be Done: The Manifesto for Local Economies

    1st June 2017
    1.1MB     .pdf
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