The Development Trust Association, the umbrella organisation for more than 150 groups, is taking over part of London's South Bank complex to show how the most disadvantaged communities can, with a little government help, turn around areas abandoned by banks, building societies and chain stores. The movement now controls, at a conservative estimate,£1bn in capital assets.
A stone's throw from the Festival Hall is the Coin Street Complex, a thriving mix of restaurants, galleries, small shops and social housing, all owned by the people who live there. Commercial tenants pay market rents to the Coin Street Trust. The profits are used to provide housing for those earning below the national average wage, manu of them with disabilities.