Socially enterprising work

What is a social enterprise? Economists attending this week’s meeting of The Economics Society were fortunate to learn from Mr Will Fatherley, CEO Impeller; a values led social enterprise, generating profit for good, in partnership with the Tyne and Wear Fire Service. Impeller harnesses resources in the public sector, in this instance, the fire service, and exploits these resources to generate profits which are directed back into the fire service. It’s big business too, with social enterprises now contributing 5% of UK GDP.