In a letter to the chancellor, we have submitted a package of proposals for the Comprehensive Spending Review. The UK is facing a huge economic and social challenge in recovering from COVID-19. At the same time, the UK needs to level up the country to close the gap between parts of our nation. To do this, we are going to need a mixture of public investment, better public services and a strong economy.
Social enterprises, co-operatives and community businesses have a track record in all three areas. Their legal structures encourage reinvestment into the areas that they work in, boosting capital in places which need it most. They bring innovation to the public sector through empowering staff, communities and entrepreneurs. Finally, they have a track record of creating new businesses and jobs in the toughest markets – performing better than many of their peers in the private sector.