Commons Sense

House of Commons · General Debate

Community Wealth Fund

08 December 2021 · 1 other contributor

Opened by Paul Howell Con Sedgefield

EconomyCommunity SecurityLocal Government

Summarised by AI from the official record, so it can contain mistakes.

Read the full transcript on Parliament.uk

At a glance

Paul Howell raised concerns about community wealth fund in the House of Commons. Other MPs contributed to the debate.

Key points

  • Paul Howell, Conservative MP for Sedgefield, moved a Bill to transfer funds from the Dormant Assets Scheme into a new national endowment called the Community Wealth Fund.
  • The aim of the Community Wealth Fund is to improve local environments and quality of life in deprived communities through investment in social capital and infrastructure.
  • Paul Howell highlighted the significance of both physical and social infrastructure for community development.

How the debate unfolded

MPs spoke in turn to share their views and ask questions. Here's what each person said.

Opened the debate

Paul Howell Con Sedgefield

As the first Conservative MP for Sedgefield since 1931, Paul Howell moved a Bill to transfer monies from the Dormant Assets Scheme into a new national endowment called the Community Wealth Fund. The purpose is to improve local environments and quality of life in deprived communities by investing in social capital and infrastructure. He emphasised the importance of both physical and social infrastructure for community development.

Other contributors (1)
  • Paul Howell Con Sedgefield

    Mr Howell argued that levelling up must include investment in social infrastructure to rebuild essential connections within deprived communities, proposing a Bill to establish the Community Wealth Fund. He highlighted severe economic deprivation and lack of social infrastructure in left-behind neighbourhoods across the UK.

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