In a time when the lines between private and non-profit sectors are becoming increasingly blurred, the third sector—comprising non-profits, charities and social enterprises—plays a role in addressing some of society’s most pressing challenges.
The charity sector on its own is valued at over £20 billion to the UK economy and there are around 900,000 jobs within the industry; it’s a significant part of the UK economy.
In 2022 the combined value of volunteering and donations came to £23bn, representing 0.8% of total UK GDP. The £23bn figure is larger than the sports and gambling sector (£18.4bn), and the UK tourism industry (£2.3bn), combined.
As someone deeply committed to this cause I’ve been fortunate enough to be involved with organisations that actively contribute to the betterment of our economy and society.
The third sector is not simply an auxiliary to the government and business sectors; it serves as a force for change, innovation and social transformation. Its impact goes beyond numbers; it’s about creating a more inclusive, caring and prosperous society for everyone. So let’s explore how the third sector collaborates with individuals and leaders like myself to make a difference.
Unemployment continues to be an issue in our society that affects individuals and communities on a scale. The third sector takes a role in addressing this challenge by providing employment support services, developing skills and boosting the confidence of those who’re unemployed. I’ve had the privilege of serving as Chairman of Steps To Work Board and Starting Point Recruitment before taking on the role of Interim CEO in April this year.
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