{"id":74891,"date":"2016-10-11T08:30:00","date_gmt":"2016-10-11T08:30:00","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=e37e0d8c51244dc5a9fe98c7f911c218"},"modified":"2016-10-11T08:30:00","modified_gmt":"2016-10-11T08:30:00","slug":"press-release-government-announces-inclusive-economy-unit","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=74891","title":{"rendered":"Press release: Government announces Inclusive Economy Unit"},"content":{"rendered":"<div class=\"govspeak\">\n<p>The new unit will bring together the expertise of the public, private and civil society sectors to help build an economy and a Britain that works for everyone, not just the privileged few.<\/p>\n<p>In particular it will focus on expanding opportunities for those who are struggling to cope; harnessing the power of private investment and business for the advantage of everyone as well as improving delivery of public services.<\/p>\n<p>The new unit builds on the existing <a href=\"https:\/\/www.gov.uk\/government\/collections\/social-investment\">Social Investment<\/a> and Finance Team in the Office for Civil Society by strengthening the social investment market and social impact bonds, expanding public service mutuals, and supporting mission-led business.<\/p>\n<p>The new unit will not take on any new policy roles within government, but will work in partnership with government departments.<\/p>\n<p>The inclusive economy unit will continue to:<\/p>\n<ul>\n<li>Encourage better use of private investment and support markets that deliver social impact as well as financial returns.<\/li>\n<li>Improve delivery of public services: increasing  social impact while bringing  value for money in the commissioning of public services<\/li>\n<li>Encourage responsible business, from social enterprise startups to companies that aim at \u2018profit with purpose\u2019<\/li>\n<\/ul>\n<p>The unit will be staffed by the existing team who have been working on social investment policy, partnering with government departments, civil society organisations and businesses.<\/p>\n<p>Rob Wilson, Minister for Civil Society said:<\/p>\n<blockquote>\n<p class=\"last-child\">A strong civil society works best when all parts of the economy and of society are being used to their full potential.<\/p>\n<\/blockquote>\n<blockquote>\n<p class=\"last-child\">This unit will bring together the expertise of the public, private and civil society sectors to achieve this and help us build an economy and a Britain that works for everyone, not just the privileged few.<\/p>\n<\/blockquote>\n<p>Karen Bradley, Secretary of State said:<\/p>\n<blockquote>\n<p class=\"last-child\">This new unit will further increase DCMS\u2019 contribution to building an inclusive society with opportunity for all. There has never been a more important time for government, civil society and the private sector to come together to deliver a country that works for everyone.<\/p>\n<\/blockquote>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The government today announced a new Inclusive Economy Unit to be based in the Office for Civil Society in the Department for Culture, Media and Sport<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/74891"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=74891"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/74891\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=74891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=74891"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=74891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}