Wakefield joins effort to help 'left behind neighbourhoods'
Wakefield Council had joined a campaign aimed at helping neighbourhoods that are 'left behind'.
The Community Wealth Fund Alliance (CWFA) is a group of over 350, mostly civil society, organisations calling for the establishment of a Community Wealth Fund to invest in the neighbourhoods.
Research suggests that there is an urgent need for funding to improve social infrastructure including transport and digital connectivity in these neighbourhoods in order to improve their prospects. A Community Wealth Fund would provide this vital funding.
The fund is asking Government to dedicate £4bn from the next wave of dormant assets coming on stream from bonds, stocks, shares and insurance policies to establish the Community Wealth Fund.