Tom Arthur on Community Wealth Building

Tuesday the 18^th of February 2025

A statement from Tom Arthur, Minister for Employment and Investment, on Community Wealth Building progress and future ambition.

In this clip, you can hear him update parliament on progress on advancing the Community Wealth Building model of economic development across Scotland.

He sets out the Scottish Government's future ambitions for Community Wealth Building and states:

“At the core of Community Wealth Building’s intention is the desire to retain more wealth in local areas. This can be done by:

Creating and sustaining more jobs

Growing Local Firms

Enabling local communities to own more assets"

You can view the full update here.