Prime minister Rishi Sunak has recently used an Office for National Statistics (ONS) study into ‘economically inactive’ working-age Britons to evidence his belief that the way to get Britain working is by ending “sick note culture”.
In the speech that laid out the Conservative’s plan for widespread welfare reform, the prime minister cited a February 2024 ONS report which showed a “worrying” proportion of younger potential workers are among a record high of 2.8 million people currently out of work.
What the prime minister didn’t say is that the same study found that 600,000 people actually want to work, but can’t because of their poor health.
At Big Issue Group (BIG), our message is clear – the answer to these issues is not forcing people into work they cannot cope with, it’s addressing the root causes of these health and wellbeing problems.
The reality is that a large proportion of that 600,000 group will be people living in poverty and feeling the squeeze of an increasingly challenging financial situation on their physical and mental health. Poverty drives ill health, and ill health is a direct route into poverty.
There are many fantastic social enterprises and enterprising charities that have been set up to try and break this cycle. Big Issue Invest’s portfolio reflects this. In 2023, we made more active investments in organisations offering health and wellbeing solutions than any other type of organisation.