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May 3 • 6 tweets • 6 min read
🧵1/6

As #localelections approach, we’re reminded that LAs adopting a progressive stance bucked national trends in ‘21.

This time we’ve seen more candidates citing #CWB in manifestos. But what does that mean in practice? We’ve collated examples where they are pushing the ✉️…
🧵 2/6

⬆️ Growth in Islington – led by tech, digital and design – hasn’t created positive outcomes for the local residents who need it most ⬇️

To tackle this @IslingtonBC has adopted a new ✨interventionist ✨ approach to economic development ➡️ ow.ly/5grg50IXK7L
🧵3/6

The B’ham Anchor Network has come into its own, post-🦠 – allowing not just @BhamCityCouncil but 5 other institutions to develop collective solutions to problems.

⭐example: the I Can project helping ppl into health and social care jobs cles.org.uk/blog/anchor-ne…
🧵4/6

🏴 is at the forefront of UK community wealth building, with a minister, inclusion in the Programme for Govt and possible legislation next year.

There is much to learn here, as we explored in a thread last year (we ❤️ threads, apparently) -
🧵5/6

Ownership is the 💓of #CWB 👉 ow.ly/eWxv50IXKg5

Mayoral hopefuls note – combined authorities are taking a lead here: @LpoolCityRegion’s work on @kindred_lcr, Sheffield #EmployeeOwnership hub & @greatermcr’s emerging Community Wealth Hub…
🧵6/6
We’re 😁 that, building on work we did w/ @CarmsCouncil, they've made the 🔗 between public spend and economic development. Excellent work emerging as they support skills growth in key sectors, maximise opps for local businesses & increase wages ➡️ ow.ly/oTrT50IXKik

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More from @CLESthinkdo

(CLES) Centre for Local Economic Strategies Profile picture
Jul 6, 2021
📢 Released today

The final report of England’s first commission to review the use of land for community wealth building, established by @MetroMayorSteve.

Radical, realisable recommendations from independent Commissioners for a new approach to land ➡️ cles.org.uk/our-land
At the core of these recommendations are concrete,
realisable steps, which offer staging posts towards this fundamentally different future.
.@MetroMayorSteve charged the commissioners to " think imaginatively and come back to me with radical recommendations for how we can make the best use of publicly-owned land to make this the fairest and most socially inclusive city region in the country."
Read 4 tweets
(CLES) Centre for Local Economic Strategies Profile picture
May 10, 2021
Local/regional/devolved govts need to lead the effort to build a new economy. Many are already engaged in progressive local economic development and #CommunityWealthBuilding.

Here are our 8 priorities for administrations to deepen the approach as they get to work after #LE2021🗳️
1⃣ Focus on wellbeing, not GDP

We need an inclusive economy in which greater consideration is given to the social benefits that flow from, and feed into, economic activity, as @nmcinroy and @DavidB_CLES wrote, back in 2018 👉ow.ly/2pVI50EHinF
2⃣ Support local finance

Rather than attempting to attract national or international capital, community wealth building provides a the mechanisms to increase flows of investment *within* local economies – case studies here 👉 ow.ly/2JcL50EHir4
Read 9 tweets
(CLES) Centre for Local Economic Strategies Profile picture
Jul 6, 2020
Covid-19 has served as a stark reminder that our economic model has failed us.

We need to reset and build a new economy.

Own the Future is an achievable vision and practical guide for local authorities to lead a just recovery and reform.

Read it now 👉 tinyurl.com/ydb4tvzm
In Own the Future we present prescriptions for actions that local authorities can take now to ensure a just local recovery, under five themes:

1⃣ Building the local economy to ensure it works harder to serve local people, places and the planet 👇
2⃣ Maximising their financial power in the service of their place, by using investments as powerful drivers of change in the ownership and behaviour of businesses and to support the formation, survival, recovery and growth of generative organisations 👇
Read 7 tweets
(CLES) Centre for Local Economic Strategies Profile picture
May 20, 2020
We're facing a future of business failure, unemployment, social hardship and physical dereliction.

We must reform our economy to one which tackles the climate emergency and builds socially justice.

Today we propose nine ideas for a brighter future.

#Thread
1⃣

Public sector anchors have a key role as commissioners, procurers, employers and owners of land and property. In local anchor networks they can advance and co-ordinate approaches to support the local economy.

Learn more⬇️
bit.ly/3g8Xjsk
2⃣

A social license is a stipulation that public sector providers can only enter the market if they have met criteria ensuring they meet high social, economic, financial and environmental standards.

CLES paper coming soon...
Read 11 tweets

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