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Radford and Hyson Green in Nottingham are the kind of neighbourhoods you could imagine benefiting from the latest government fund to enable communities to own public assets. These are places that have seen better times, but are far from being beyond hope. The local economy is bustling with enterprise, but businesses are small and operate on the tightest of margins. The most positive sign is the upsurge in community activity led by the area’s new deal for communities programme. The good thing about the Community Assets Fund is that it should lever in extra support in cash and in kind.

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