To do this, Howard harnessed the co-operative model, in which an enterprise is jointly owned and operated by members for their mutual benefit. The inclusive economy’s time has come Peter Rankin, Preston council leaderCouncil leader Peter Rankin believed Preston could also benefit from these ideas. Preston city council has since spent an additional £4m locally, from 14% of its budget in 2012 to 28% in 2016. Preston, like any city, has its own particular challenges that mean a straight transplant of the Cleveland model is impossible. Howard sees Preston as the most comprehensive, holistic application of the Cleveland model yet.

Source: The Guardian April 11, 2017 06:16 UTC