Scottish Chambers of Commerce Comment on the Scottish Government’s Community Wealth Building Fund
Commenting on the passing of the Community Wealth Building Bill by the Scottish Parliament, Charandeep Singh, Chief Executive, Scottish Chambers of Commerce, said:
“Scottish Chambers of Commerce welcomes the Scottish Government’s continued commitment to strengthening local economies through the Community Wealth Building Bill. The Bill’s emphasis on supporting local procurement, boosting social enterprises, and empowering communities to take ownership of land and assets represents a significant step toward more resilient and inclusive regional economies.
“We also recognise the Bill’s potential to drive productivity, tackle cost‑of‑living pressures, and enhance economic participation, giving businesses greater influence in shaping Scotland’s economic future.
“This framework provides an important opportunity to deepen collaboration between government, business and communities, ensuring that investment decisions support local job creation, business growth and long‑term economic sustainability. Scottish Chambers of Commerce looks forward to working with partners across the public and private sectors to help realise the full economic potential of this model for every region of Scotland.”
