Peter Holbrook's letter published in The Guardian

Peter-Holbrook's-letter-published-in-The-Guardian

Peter Holbrook writes in response to Nick Clegg's calls for a John Lewis economy.

Dear Editor

Nick Clegg says that just as the 80s were the decade of share ownership, so this should become the decade of employee ownership. But businesses responsible to their own workforces are a first important step towards a better economy – not an end in themselves. Social enterprises are businesses with a social mission. They are often based in our most deprived communities and are outperforming mainstream businesses by many standard measures. They are delivering economic growth while giving people a chance. They deserve the government's full-throated support for showing us what reformed capitalism can and does look like here in the UK.

Peter Holbrook

CEO, Social Enterprise UK, London SE1