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Council calls for dormant assets to be invested in 'left behind' neighbourhoods

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For the latest news from in and around Wigan sign up to the MyWigan newsletter here Wigan council has backed calls for dormant assets to be invested in 'left behind' neighbourhoods – including three identified within the borough.

The local authority is one of thirty councils to support the Community Wealth Fund campaign which proposes a new independent endowment to be set up and spent on neighbourhoods across the country which are the most in need.

Almost £900m is expected to be available through the expansion of the government scheme for financial assets deemed to be dormant.

These include bank and building society accounts, stocks, shares, bonds, insurance and pension policies which have not been used for many years and where the owner

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