Power to Change’s response to the Government’s Spending Review 2020

If the Levelling Up Fund follows a similar path, it won’t deliver the benefits government would like to see – stronger local economies driven by local people who understand their place

Vidhya Alakeson

CEO, Power to Change

Responding to the Government’s Spending Review 2020, CEO of independent trust Power to Change Vidhya Alakeson, said:

“We’re pleased to see that the government has recognised the importance of communities in the UK’s economic recovery. The UK Shared Prosperity Fund’s focus on community-owned assets and civic infrastructure – which will be vital in driving local economic development – is a very welcome step. We were disappointed there’s no mention of a dedicated £150million Community Ownership Fund, which was a commitment of the 2019 Conservative Party election manifesto. However, Power to Change will be on hand to use our community ownership expertise to help guide government on the design and delivery of the UKSPF, so that it works for communities.

“While we welcome the spirit of the Levelling Up Fund, to support ‘the infrastructure of everyday life’, there is a real risk that this centrally-controlled funding does not deliver against its aims. In many places, the Towns Fund has had very little community involvement. If the Levelling Up Fund follows a similar path, it won’t deliver the benefits government would like to see – stronger local economies driven by local people who understand their place.”

ENDS

Contact Natasha.Ley@powertochange.org.uk or 07725 565890

About Power to Change
Power to Change is the independent trust that supports community businesses in England.

Community businesses are locally rooted, community-led, trade for community benefit and make life better for local people. The sector owns assets worth £890m and comprises 9,000 community businesses across England who employ 33,600 people. (Source: Community Business Market 2019).

From pubs to libraries; shops to bakeries; swimming pools to solar farms; community businesses are creating great products and services, providing employment and training and transforming lives. Power to Change received its endowment from the National Lottery Community Fund in 2015.

www.powertochange.org.uk  @peoplesbiz

 

About The National Lottery Community Fund

We are the largest community funder in the UK – we’re proud to award money raised by National Lottery players to communities across England, Scotland, Wales and Northern Ireland. Since June 2004, we have made over 200,000 grants and awarded over £9 billion to projects that have benefited millions of people.

We are passionate about funding great ideas that matter to communities and make a difference to people’s lives. At the heart of everything we do is the belief that when people are in the lead, communities thrive. Thanks to the support of National Lottery players, our funding is open to everyone. We’re privileged to be able to work with the smallest of local groups right up to UK-wide charities, enabling people and communities to bring their ambitions to life.