Liverpool’s social economy is significant, so why is it pushed to the periphery, asks Alan Southern Research at the Heseltine Institute at the University of Liverpool is beginning to indicate the size of the city region’s social economy. Our definition of a social economy includes charities, social enterprises, co-operatives and some of the larger anchor institutions like universities, housing associations and large charities – included because they operate to meet a clear social purpose – along with smaller social organisations. For this work we have worked with our colleague at Seebohm Hill, Helen Heap, who has pulled together various datasets to build a database specific to this research. Our work shows that there are just under 1,400 social organisations in the Liverpool city region. We estimate this to be a sector that generates a revenue of around £3bn a year. It holds assets of some £4bn and directly employs about … (To read the full article, subscribe below)
Alan Southern in at the University of Liverpool Management School where he is co-director of the Heseltine Institute for Public Policy and Practice and leads the social economy theme.
Subscribe to New Start
Full access to all New Start content is just £49 + VAT per year (25% discount for group subscriptions of 5 or more subscribers)