Baroness Jowell – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Baroness Jowell on 2016-02-11.

To ask Her Majesty’s Government what estimate they have made of the potential contribution of profit-with-purpose companies to UK gross value added.

Lord O’Neill of Gatley

Non-profit institutions accounted for 3.1 per cent of real GDP in 2014, with the output of this sector increasing 0.9 per cent over the same period. ONS data do not produce statistics for ‘profit-with-purpose’ companies.