The July 2023 survey of 142 social enterprises found continued resilience and cautious recovery, although many are still uncertain about their futures
In these troubled times, it is welcome that the expanded Dormant Asset Scheme will provide £880 million to essential causes, including through social investment and a Community Wealth Fund.
The most recent Social Enterprise Barometer report published on 9 February shows that the next quarter is critical for many social enterprises with more than on in ten social enterprises across the UK expecting reduced turnover or to close due to the tough economic climate.
According to Social Enterprise UK cuts to energy support for business will not deliver savings and could cost taxpayers more. If the proposed changes go through as many as 10,000 social enterprises could face closure putting as many as 160,000 jobs at risk and costing the UK billions in lost output and tax revenue. Peter … Continued
Homeshare services across the UK are raising awareness about how they can support their local community by safely matching older people living alone with those seeking affordable accommodation.
After weeks of waiting, we now know what the new Government is going to do to help social enterprises, and other businesses, through the winter and the current energy crisis. Here is a quick analysis of what all the announcements mean for our sector.
1 September 2022 Commenting on the serious financial pressures facing social enterprises, Peter Holbrook, Chief Executive of SEUK, said: “Social enterprise performance has strengthened as we emerge from the height of the COVID crisis. But this growth and resilience is under threat as the business community and wider society face a financial crisis the likes … Continued
The Summer 2022 Social Enterprise Barometer report shows that social enterprises are stepping up to the challenges of the economic storms battering many businesses and communities, but signs of strains are beginning to show.