UK Government says it will invest in places - Speech Brief
3 June 2026 16:13 UTC · UK Government · GOV.UK Speech · Source · Email X Link

UK Government says it will invest in places

Key points

  • UK Government announces Pride in Place £6,000,000,000 investment
  • UK Government establishes the Office for the Impact Economy

TL;DR

  • Says Pride in Place will deliver £6,000,000,000 over the next decade to over 300 communities and give each community £2,000,000 per year for ten years.
  • States government established the Office for the Impact Economy to grow philanthropy, impact investment, and purpose-driven business and to broker partnerships.
  • Emphasizes place-led budgets, local decision-making, and partnerships between business, charities, and government to improve social and economic outcomes.
Original text

Firstly, I want to say a huge thank you to Business in the Community for organising this today and bringing us all together. You do the most amazing work. I’ve seen it firsthand in my own constituency at home of Southampton and I’m so pleased to be here. For lots of reasons, but mainly because this piece of work is personal to me. I grew up on free school meals in one of Southampton’s most deprived neighbourhoods. Th...

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