Answer from Hansard

The Chancellor of the Duchy of Lancaster (Darren Jones)

Since I last addressed the House, the Prime Minister announced the new Office for the Impact Economy, based in the Cabinet Office. From building affordable homes to giving children up and down the country the best start in life, social enterprises and community foundations are fundamental to delivering the change that this Government were elected to deliver. Changing lives for the better happens from the ground up, as well as from the top down. The Office for the Impact Economy will allow those organisations to engage with Government directly to get the support they need, and it will help public funding work harder by bringing philanthropists and other social investors together with communities that need investment. I look forward to updating the House further on this issue in due course.