Tony Baldry
Main Page: Tony Baldry (Conservative - Banbury)Department Debates - View all Tony Baldry's debates with the Cabinet Office
(9 years, 4 months ago)
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Mr Wilson
I simply disagree with the hon. Gentleman. I disagree that we should avoid funding new and innovative approaches, despite the risks that come with doing so. I note that according to the Charity Commission, the number of registered charities went up from 162,000 to 164,000 between 2010 and 2014, and the total income of all registered charities has grown from £54 billion to £64 billion in the same period.
Sir Tony Baldry (Banbury) (Con)
One of the lessons for us all to learn is the transformative potential of social enterprises encouraged by the Treasury—social enterprises such as the Cinnamon Network, which does everything from running food banks to helping people when they are released from prison. Social enterprises have the potential to make a real change in our society.
Mr Wilson
My right hon. Friend is exactly right. Supporting social enterprises has been a huge priority for this Government, which is why in the autumn statement the Chancellor of the Exchequer increased social investment tax relief, raising the cap to £5 million. We are the party of small business, but we are also the party of social enterprises.