Views are being sought on proposals to help grow local economies and ensure more money stays in the hands of communities.

The Scottish Government is consulting the public on plans for new Community Wealth Building legislation – the first of its kind in the world – as part of its wider strategy to transform Scotland’s economy.

The consultation launched today will run for 12 weeks and seeks community, business, and wider feedback on proposals to:

• place a legal duty on public bodies such as health authorities and local councils to use the economic levers they have – for example in sourcing goods and services – to support the transformation of local and regional economies
• promote co-operative, social enterprise, and employee-owned businesses to ensure that more wealth is generated locally and stays local
• create fair work opportunities for local people and those who face barriers to employment
• ensure land and property are used for the benefit of local communities, businesses, and the environment

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