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Paint Your Town Red by Matthew Brown and Rhian E Jones review – how Preston took back control


Preston bus station: money spent by ‘anchor institutions’ stays in the city. Photograph: Gareth Gardner
Preston bus station: money spent by ‘anchor institutions’ stays in the city. Photograph: Gareth Gardner
This account of the ‘Preston model’, the Lancashire city’s bold wealth-building scheme whose champions include Labour’s John McDonnell, fails to address to what degree it works
Mon 17 May 2021 02.00 EDT
We’d all like to believe in Preston. The Labour-led Lancashire city has, over the last decade, been pioneering its own version of community wealth-building, a concept described as both “guerrilla localism” and “extreme common sense”. What it means, at its simplest, is that money spent in a city by “anchor institutions” – hospitals, universities, housing associations, the council – as much as possible stays in the city. Contracts for catering or construction, rather than going ....

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Best of 2020: Minority businesses: Wounded by COVID, but key to inclusive revival


Best of 2020: Minority businesses: Wounded by COVID, but key to inclusive revival
This story was originally published on December 7, 2020.
Tia Woods had been the coordinator of a dance program. It closed but left her with space in East Hartford. She had a business idea: Woods, who is Black, knew many minority artisans needed space to show and sell their products.
So in February 2019, she created what she called a “modern consignment boutique” called “ITS the Room,” a kind of mini-mall where minority entrepreneurs, crafters and artists could set up shop. After a year, things looked promising. She had as many as 18 vendors, and people were coming in the door. ....

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