New £2.2 Million Funding Announced for Community Run Pubs
Power to Change has announced a new funding programme that will help communities seeking to save their local pub through community ownership.
The announcement came yesterday at the Plunkett Foundation’s Rural Community Ownership Awards in London, that will see many more communities in England opening and operating their local pub.
Vidhya Alakeson, Chief Executive of Power to Change made the announcement and also spoke about the importance of community pubs. She comments, “Community-run pubs are so valuable to the people who use them, offering a huge range of crucial services including lunch clubs for vulnerable people, training and development, gardening and cooking classes and parenting groups. The More than a Pub programme we have run with Plunkett has been an enormous success so it was a natural decision for us to continue to support this thriving and much-loved sector.”
It has been reported that the community pub sector is not only thriving, it is bucking wider negative industry trends. Almost a quarter of privately-owned pubs have shut down since 2008, but community pubs have a 100% success rate.
Opening a pub under community ownership not only protects a valuable asset but also brings a range of social benefits and improves the wellbeing of local people. Community pubs can offer a range of services ranging from retail and post office, social clubs and volunteering opportunities.
96 communities have already successfully opened their local pub under community ownership of their local pub, and many more currently working with the More than a Pub Programme have been listed as ‘assets of community value’ under community rights, highlighting the important role that pubs play in local communities.
Speaking of the announcement, James Alcock, Executive Director of Plunkett Foundation, said: “This announcement is an endorsement of the role community pubs play in creating thriving communities and will strengthen the community pub sector by providing further support for those working to the tide on pub closures. For many, pubs are not just a place to drink; they are central to peoples’ sense of place and identity, they provide an important space for people to meet and help to build com munity cohesion.”
Community Pubs Minister Jake Berry said: “Pubs have and will continue to be at the very heart of our communities. The More Than a Pub programme is a fantastic example of communities taking ownership of their local assets, and it’s great to see Power to Change supporting their innovative work for another year. I look forward to the continued partnership work in boosting the ever important agenda of empowering our local communities.
The new programme will be active from Summer 2019 with further details to be announced in Spring 2019.
If you would like to discuss buying your local property through a community purchase or otherwise, please do not hesitate to contact us on 01904 215241 or email, email@example.com.