Social Enterprise

Baroness Barker Excerpts

Tuesday 10th January 2017 Lords Chamber

[Lord Ashton of Hyde]

That is a very good idea. The whole point of social enterprises and mission-led businesses, which are not quite the same thing, is to have a particular social purpose such as that one. I agree with the noble Lord that that would be an excellent thing. The Government are trying to enable more private, local authority and charity investment by setting up things such as incubators to do exactly the sorts of things that the noble Lord has suggested.

[Baroness Barker (LD)]

Does the industrial strategy referred to by the noble Baroness, Lady Neville-Rolfe, include a section on social enterprise?

[Lord Ashton of Hyde]

I have not seen the White Paper or the Green Paper. I am sorry, but I cannot answer that at the moment.