Dormant Assets Funding: Community Wealth Funds

Part of the debate – in Westminster Hall at 4:30 pm on 6th December 2022.

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Photo of Kim Leadbeater Kim Leadbeater Labour, Batley and Spen 4:30 pm, 6th December 2022

The hon. Lady is making a fantastic speech that I wholeheartedly agree with. While talent is everywhere, does she agree that opportunity, sadly, is not? The places and spaces where people from all backgrounds can come together and build meaningful relationships are crucial to our social wellbeing, but access to them is not evenly spread throughout the country. Local people know what is best for their neighbourhoods. It is vital that the community wealth funds be available as widely as possible across the country. That involves a radical new approach to make sure that responsibility is as close as possible to the people whose lives these funds are designed to benefit.