Small actions — big change: Delivering regeneration in the age of austerity

In the years since the recession hit the UK economy in 2008, the regeneration sector has been dealt a double blow. First, the credit crunch swept away lending to developers poised to build in regeneration areas. This was followed from 2010 by the introduction of deep cuts to spending by the Coalition Government. The former wiped out hope of further job creation and physical redevelopment in areas where markets were weak. The latter brought public services to their knees more swiftly and comprehensively than anyone could have previously imagined. So where does this leave regeneration? Central government, in the drive to reduce its economic deficit, is in danger of leaving behind those who need help most. This paper looks at ways of creating more viable and harmonious communities through low-cost and high-impact interventions, through springboards rather than safety nets, and by stimulating participatory democracy. It explores ways to help reshape neighbourhoods: through regaining control of decisions at a local level; by channelling optimism; and by harnessing financial and social investment. It offers practical ideas for delivering regeneration from the bottom up, drawing on specific examples of communities where new approaches have helped them create spaces and places to be enjoyed by all.