As we think more about recovery, it’s worth taking stock of how much has been achieved since March, when the economic impact of a sustained shutdown of activity first became clear. At Big Issue Invest, we saw an immediate lockdown effect on our portfolio. It has been tough, but so far, we have not seen any of our 200 or so portfolio organisations fail. If you take on deep-rooted social problems, you have to be pretty tough and the incredible resilience of the sector is clear.