Village raises £114,000 for pub bid
Village residents have given more than £100,000 in recent weeks towards the cost of buying a local pub, with the aim of turning it into a community hub, housing a post office, cafe and accommodation.
Bamford Community Society in the Peak District is looking to raise £320,000 to buy the Anglers Rest, to keep the popular pub in business as well as adding other amenities.
More than 100 people have come forward to become members of the Community Benefit Society, pledging £114,500.
Liz Marshall, a member of the society's steering group, said: "We are delighted with the response and support that we have received so far.
"Many rural services have come under pressure and one way for them to survive and prosper is through community ownership. We believe our plans will provide a sustainable future for our amenities while creating a focal point for village life that can regenerate the local economy and enhance community cohesion."
Michael Fairclough of the Co-operative, which is supporting the venture through its enterprise hub, said: "Co-operation can be key to safeguarding much-loved local assets and this example illustrates how by working together, communities can be a powerful catalyst for change capable of overcoming many of the challenges facing today's society, environment and economy."
There has been a near 25% increase in UK co-operative enterprises since 2009 and the Co-operative Group has committed a further £1 million this year to developing its free enterprise hub service.