Social Enterprise Barometer – Summer 2022

Social enterprise performance in July 2022 looked relatively positive, having recovered from a dip in January and in spite of challenges of creeping operating cost increases and supply chain constraints. However, the anticipated hike in energy costs and the likelihood of recession put this progress in jeopardy. Whereas other businesses might increase prices or cut staff to offset rising prices, we are seeing, as we did during COVID, that social enterprises are picking up the slack in ways which remain commercially viable, at least in the short term. Yet there are clear signs of strain – financially, but also in terms of leadership and staff capacity and wellbeing.