Before Covid-19, we were already debating equity and fairness in the UK, linking it to the meaning of what we do in the economy.
It will mean we focus more on charities, non-profits, social enterprises, and businesses that are doing the right thing for their communities and wider stakeholders.
In turn there is a challenge to charities to become more inclusive. Young people volunteer less, and take less satisfaction, from their activity. People from ethnically diverse communities feel the same. One of the biggest challenges is to help people from these communities feel included.
It continues to be controversial that independent schools have charitable status. Governors and school trustees will be asked: what is their charitable purpose? Are they producing children who will take part in our communities effectively? Are they partnering with other schools to help the widest group of children flourish? The challenges of working during lockdowns have highlighted the inequality of education in the UK but also the value of great schools of whatever status focused on education, well-being and understanding of the wide contribution their students can make to our society.
Short term, there will be a tension between people needing to look after themselves or their loved ones, and having empathy for others. But my experience as a volunteer, charity trustee, and at NatWest, has shown me most humans value fairness. Our commitment is stretched in places, but it has the resilience to spring back.