Written Question·Department for Culture, Media and Sport·UIN 49858

Community Wealth Funds

Tabled: 1 May 2025
Answered: 7 May 2025
Named Day

Question

Laurence Turner

LabourBirmingham Northfield

To ask the Secretary of State for Culture, Media and Sport, what recent progress her Department has made on the establishment of the community wealth fund.

Answer

Stephanie Peacock
The government announced in November 2024 that it is allocating £87.5 million of dormant assets funding to the Community Wealth Fund and is committed to ensuring it delivers meaningful benefits to disadvantaged communities across England. DCMS and MHCLG a...

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