{"id":3319,"date":"2016-12-12T10:13:05","date_gmt":"2016-12-12T10:13:05","guid":{"rendered":"https:\/\/www.powertochange.org.uk\/?post_type=news_post&p=3319"},"modified":"2021-08-02T14:28:11","modified_gmt":"2021-08-02T13:28:11","slug":"community-shares-christmas-stocking","status":"publish","type":"post","link":"https:\/\/www.powertochange.org.uk\/news\/community-shares-christmas-stocking\/","title":{"rendered":"Community shares for your Christmas stocking"},"content":{"rendered":"
The independent trust is promoting community shares as a festive gift \u2018for family or friends who don\u2019t want more stuff but who do want to make the places they live better\u2019<\/em><\/p>\n Local people are building their own affordable homes, capturing their own energy, and re-opening abandoned libraries.<\/p>\n All of this is possible thanks to people buying community shares \u2013 and independent trust Power to Change is suggesting that these shares would be perfect in a Christmas stocking or Secret Santa near you.<\/p>\n Community shares are shares bought in a local business, run by local people for the good of the local area. The incentive is not a financial return \u2013 although there may be one \u2013 but the social impact achieved through the money raised.<\/p>\n And it is a growing market. Almost 120,000 people have invested over \u00a3100m in community shares since 2009, supporting 350 UK community businesses.<\/p>\n Charlotte Cassedanne of Power to Change said:<\/p>\n \u2018Like all shares, there are no guarantees of how your investment will perform, but then the reward is primarily about the social impact, not the financial returns. It is a chance to support a fantastic business offering local services on your doorstep<\/em>\u2019.<\/p>\n