Significant progress made in first year toward a fairer economy

Significant progress made in first year toward a fairer economy

Community Wealth Building

Community Wealth Building

A bold approach to creating a fairer economy in Wigan Borough has achieved significant milestones in its first year, according to a council report.

The first annual recap for Wigan Council’s Community Wealth Building (CWB) framework is published this week, showcasing progress made by the local authority and partners.

Included in the key achievements are new jobs, training and apprenticeship roles, an increase in the number of affordable and accessible homes and more public sector money being spent in the local supply chain.

Support for the CWB principles amongst the borough’s business community and social enterprise sector has been a key part of the initial success, the report highlights.

Deputy Leader, Councillor Keith Cunliffe, said: “Our ambitious approach to rebuild, reform and regenerate our local economy placed CWB at the centre of our post-pandemic recovery plans.

“We’re well on our way to creating an inclusive economy that benefits all of our residents and the progress made with our anchor institutions and wider partners gives us a great amount of optimism for the future.”

Key achievements include:

  • 37 per cent increase in the number of properties leased to the council’s Ethical Lettings Agency scheme, providing affordable and accessible homes
  • Almost 250 organisations, including social enterprises and community interest companies, supported by the council’s Our Community Recovery Fund
  • Seven out of 10 businesses surveyed said they were very likely to implement at least one CWB principle as part of their working process
  • Wigan Council’s spend with local businesses increased

CWB plans for the borough were already in place before the pandemic. They then became pivotal to the local authority’s recovery strategy.

The framework sees public sector and community organisations across the borough working closely together, using their resources to promote growth and reduce inequality with renewed focus.

Fellow anchor institutions working in partnership with the council includes the borough’s health and education sector organisations such as Wigan and Leigh College and Edge Hill University, Wigan Borough CCG and Wrightington, Wigan and Leigh NHS Foundation Trust and Greater Manchester Police.

Coun Cunliffe added: “Within the council specifically, we have adapted our policies on recruitment and skills and supported local people back into training and employment.

“And through publishing our commissioning intentions and delivering procurement training for local businesses, we are seeing more of our spend remaining within the boundaries of our local economy.

“This is in addition to focussing on social care, housing and the green economy, helping community co-operatives and social enterprises along the way.”

For more information and the view the annual report, visit Community Wealth Building.

Posted on Wednesday 15th December 2021

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