ECONOMIC GROWTH

Where next for social investment?

Dan Corry breaks down how charities and other public services can reap the benefits of a change of funding focus

With the election of the new Conservative government, we can expect to see a continued emphasis on different ways of commissioning and funding public services. The enthusiasm for contracts that have at least an element of payment by results (PbR) has been growing across different administrations for some time but grew to new heights during the coalition years.

Not only did we have the Work Programme and more recently the Transforming Rehabilitation contracts in probation, but many more local contracts started to have this element in them.

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