UK launches inquiry into pandemic struggles of social enterprises
A new inquiry into the challenges faced by social enterprises during the pandemic has been launched. Led by Charles Courtenay, Earl of Devon, the review will examine how these businesses adapted and what support they need for the future. The findings will be published in a report by the end of 2021. The UK has around 100,000 social enterprises, employing over 2 million people and contributing roughly £60bn to the economy. Many have struggled during the pandemic, though the number of Community Interest Companies has risen by 15% since summer 2020.
The inquiry will gather evidence from social enterprises, industry bodies, researchers, and politicians. Its focus includes how these organisations responded to Covid-19 and ways to boost their long-term resilience. Recommendations will be made on how the government can provide better support moving forward.
The final report is expected before the end of the year. It will outline key lessons from the pandemic and suggest measures to strengthen the sector. Social enterprises play a significant role in the economy, and the inquiry aims to ensure their continued growth.
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