In February 2021 Preston City Council launched a new Community Wealth Building Strategy CWB 2.0 Leading Resilience and Recovery in Preston.

The creation of a more diverse and democratic economy in Preston is a key theme. Strategic priorities include promoting cooperative education and training and the conversion of businesses to worker or employee-owned ventures. Cooperative activity to address economic inclusion, including for those communities most affected by the pandemic, is another priority. Responsiveness to the climate emergency is reflected in the promotion of community energy to deliver decarbonisation and community wealth.

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