

Advance Local Economy Through Community Wealth Building in Walsall


Advance Local Economy Through Community Wealth Building in Walsall
The Issue
Walsall residents have acknowledged and recognized the tremendous potential our community holds. Our local council, along with service providers like the NHS, spends billions of pounds annually procuring goods and services. Yet, this vast amount rarely circulates within our local economy, causing missed opportunities for supporting our local businesses, creating apprenticeships, and generating jobs. Other communities across the country have utilized effective strategies to retain this wealth locally, bringing about significant growth.
Taking Preston Council as a sterling example, they've pioneered an approach called ‘Community Wealth Building’, which has turned the local economy around, creating numerous jobs and opportunities. This has not only resulted in economic prosperity but also has massively helped in revitalizing the local community spirit.
We believe Walsall holds the same potential and can benefit the same way from a similar initiative. Hence, this petition urges Walsall Council to adopt and lead a 'Community Wealth Building' approach, promising economic growth while strengthening our sense of community. By signing this petition, you are voicing your support for a secure, thriving, and self-sustaining local economy. Together, we can make Walsall a better place for all. Please sign this petition and help bring this change to our cherished community.
195
The Issue
Walsall residents have acknowledged and recognized the tremendous potential our community holds. Our local council, along with service providers like the NHS, spends billions of pounds annually procuring goods and services. Yet, this vast amount rarely circulates within our local economy, causing missed opportunities for supporting our local businesses, creating apprenticeships, and generating jobs. Other communities across the country have utilized effective strategies to retain this wealth locally, bringing about significant growth.
Taking Preston Council as a sterling example, they've pioneered an approach called ‘Community Wealth Building’, which has turned the local economy around, creating numerous jobs and opportunities. This has not only resulted in economic prosperity but also has massively helped in revitalizing the local community spirit.
We believe Walsall holds the same potential and can benefit the same way from a similar initiative. Hence, this petition urges Walsall Council to adopt and lead a 'Community Wealth Building' approach, promising economic growth while strengthening our sense of community. By signing this petition, you are voicing your support for a secure, thriving, and self-sustaining local economy. Together, we can make Walsall a better place for all. Please sign this petition and help bring this change to our cherished community.
195
Supporter Voices
Petition Updates
Share this petition
Petition created on 21 February 2025