Community Wealth Building Bill published.
A Bill designed to create jobs and drive economic growth across
Scotland by promoting investment in communities has been
published today.
The Community Wealth Building Bill is the first of its kind in
the world and would require councils, National Health Service
boards and other public bodies to take forward measures which
boost their local economies.
These can include:
- Buying more goods and services from their local companies
- Promoting employee-owned businesses, co-operatives and social
enterprises
- Helping community groups to acquire and regenerate derelict
sites
- Supporting fair work practices including payment of the real
Living Wage
Investment Minister said:
“To create jobs and support thriving communities we want to
ensure that more money spent in Scotland stays in Scotland.
“This unique legislation will help to increase investment in
local economies so that they become fairer, greener and more
prosperous.
“I visited Greencity Wholefoods to highlight how supporting
practices such as paying the real Living Wage and being a
worker's co-operative benefits the economy and helps to address
wealth inequalities.”
Background
The Community Wealth Building
Bill is available to view on the Scottish Parliament's
website.
