Good Local Economics
We’re on the cusp of a historic change in Britain. The post-war welfare state model – based on an expanding economy, ever growing tax revenues and an increasing spend on public services – is broken. It’s certainly not coming back in the next decade and probably we’ll never see it again. Instead, fundamental questions are being asked about the respective roles and responsibilities of the state and the citizen. Who is best placed to do what? Who should do what?
It’s been an exciting week for Social and Sustainable Capital – we are launching our first fund with £20m of commitments, which will allow us to offer substantial investment to charities and social enterprises, giving them the opportunity to increase the positive impact they are already having in their communities.
