New partnership calls for radical policy change as polling reveals public demands for business to do more for the economy and wider society.
Co-operatives UK has joined forces with dozens of organisations in the Future Economy Alliance to make sure the next government has a new business plan for Britain - one where profits also benefit people and planet.
Our economy shapes our world, creating prosperity and opportunity – but also some of our greatest environmental and social challenges, which the state alone cannot resolve. This unique partnership of activists, entrepreneurs, investors and business leaders can guide policy-makers in the bold reform needed to create a stronger, fairer, greener economy.
The Future Economy Alliance brings together social enterprises, co-operatives, mutuals, employee-owned businesses, social investors, community-led organisations, fundraisers and third sector experts united in the vision of an economy where our entire society profits.
Research today by the Alliance shows the UK public wants business to do better for the economy and wider society, with just 1 in 3 adults saying that business is good for the economy and only a quarter thinking it helps society. Many said business has no impact at all on the economy or society or is actively negative.
The findings also highlight widespread support for purpose-driven business models, with the majority of people (60%) saying businesses should give social or environmental concerns equal or higher priority to profits. Just 2% said profit should always come first.
James Wright, Policy and Development Lead at Co-operatives UK, said: "It’s clear there is real appetite to challenge the status quo and build an economy where our entire society profits. As part of the Future Economy Alliance, we’ll be helping drive this change."
Find out how you can get involved at www.futureeconomyalliance.co.uk including details of upcoming policy roundtables and other events where you can share your views and shape the campaign.