An extra £56bn a year in social value could be squeezed out of public sector contracts and used to “level up the country”, tackle Net Zero and strengthen communities, claims a new report from big businesses and UK social enterprise leaders.
After a decade of slow burn, the author of the UK's Social Value Act predicts a bright future for businesses that offer positive social and environmental impact as well as value for money to public sector commissioners.
The minister for charities, volunteering and social enterprise loses his seat in the UK general election but a social enterprise stalwart is newly installed as a member of parliament in the north of England.
