Everyone's a winner

Mark Garnier MP proposes a Payment By Results model which could transform social project funding into an attractive non-government investment.

The five year election cycle is not conducive to long-term projects, including social improvement. Whilst imaginative ways can be found to tackle problems, in many cases the root cause is not properly addressed. The gini coefficient measure of overall income inequality in the UK is now higher than at any previous time in the last thirty years.

But it is outcome that is important, not output. We must stop asking how many received a service, and start asking how many benefited from that service. But with ever-tightening purse-strings, authorities are risk-averse with regard to innovation.....

Read the full paper

Note: The views expressed in this post are those of the author, not of the 2020 Conservatives group as a collective, the Conservative Party or the Government.