The Preston Model

  • RESEARCH

    How we built community wealth in Preston: achievements and lessons

    12th July 2019
    This publication tells the story of community wealth building in Preston. It reflects on eight years of collaboration, outlines ke...
  • 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.

  • 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.