£10
spent in a local Radstock business
=
£50
generated for our local community
The Local Multiplier Effect — New Economics Foundation
The Local Multiplier Effect — New Economics Foundation
When you spend money in a locally-owned Radstock business, a much greater proportion of that money stays in the local economy compared to spending at a national chain. The New Economics Foundation estimates that every £10 spent locally generates up to £50 of economic activity within the community. Local businesses hire local people, use local suppliers, and reinvest profits locally, creating a powerful ripple effect.
Small and independent businesses are the backbone of Radstock's employment. They employ friends, neighbours, and family members in our community. When a local business thrives, it can take on more staff, offer apprenticeships, and provide stable income for local households. Choosing to shop locally is one of the most direct ways to protect and create jobs right here in Radstock.
Shopping locally reduces your carbon footprint. Local businesses typically source products from closer to home, meaning fewer food miles and less packaging waste. Walking or cycling to a nearby shop rather than ordering from a national distribution centre significantly cuts emissions. Supporting local is one of the easiest green choices you can make no special effort required.
Empty shop fronts are a sad sight on any high street. When local businesses close, they leave behind not just vacant units but lost community gathering places. Radstock's high street is more than a shopping destination, it's where we meet, socialise, and build a sense of place. Every local purchase helps keep Radstock's town centre vibrant and welcoming for residents and visitors alike.
Local business owners are community members too. They sponsor local sports teams, donate to local charities, advertise in community publications, and support local events. National chains send profits to distant shareholders, local owners reinvest in the places they call home. Shopping locally is investing directly in Radstock's future, its schools, its clubs, and its community spirit.
Local business owners are passionate about what they do and take pride in the service they offer. You'll often find unique products you won't see in chain stores, genuine expert advice, and a personal touch that national brands simply can't replicate. Local traders remember your name, value your loyalty, and go the extra mile, because your satisfaction directly matters to them.
Browse the Radstock Business Directory and discover local businesses worth supporting today.
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