Community Wealth Fund: Dudley
Thursday, 28 November 2024
Contributions
Sonia Kumar (Dudley) (Lab)Labour
4. What steps she is taking with Cabinet colleagues to ensure the community wealth fund supports communities in Dudley constituency.
The Parliamentary Under-Secretary of State for Culture, Media and Sport (Stephanie Peacock)Labour
The Government are committing to ensure that the community wealth fund delivers meaningful benefits across England. That is why we have allocated £87.5 million of dormant assets funding towards it. We will set out our position on the key design principles of the community wealth fund shortly.
Given that Russells Hall in Dudley ranks on the local index in the top 2% of areas with the greatest need and that nearly half of working-age residents rely on benefits, will the Minister confirm what steps the Government will be taking to target places like mine that are doubly disadvantaged?
I thank my hon. Friend for her question. I know Dudley well, and I know that she is a strong advocate for the area she represents. I reassure her that the Government are committed to supporting those places in need through the community wealth fund. We are working at pace on the details and delivery of the fund and will set out the next steps in due course.
Source: UK Parliament Hansard API. Debate ID: 4773457.