DFID announces UK's first development impact bond

DFID announces UK's first development impact bond

17 Apr 2014 | Vibeka Mair

The UK is to launch the first development impact bond - an international version of the social impact bond - International Development Secretary Justine Greening has said.


DFID announces UK's first development impact bond

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Hasting Pier Charity raises over £500k from share issue

Hasting Pier Charity, which aims to restore an East Sussex seaside pier damaged in an arson attack, has raised £590,000 from community shares in six months.

Commission chief: Sector must welcome uncomfortable headlines

Charities should welcome growing public and media interest in how they raise and spend their money, Charity Commission chief executive Sam Younger said today.

Commission to launch new register of charities next month

The Charity Commission will publish a new online register by the end of May which will display more information about charities, including whether their trustees are paid.

Ventures backed by Investment and Contract Readiness Fund raise £35m

Eight of the 94 social ventures funded by the Cabinet Office’s £10m Investment and Contract Readiness Fund have won funding worth a total of £35m, according to an independent report into the fund published today.

Tax avoidance may be legal, but it is still obnoxious. And the rest of us pay additional tax as a result. If I were asked whether the accountants and legal experts who set up these schemes are 'fit and proper persons', I know what my answer would be.

» Definition of charity for tax purposes 'attacks charities, not tax avoiders'

Alistair Davis, CEO, and Nick Kuessnberg, chair,

Social Investment Scotland has secured £16m in investment from Big Society Capital and the Scottish government to create a social investment fund for the country.

Francis Maude, minister for the Cabinet Office

The Third Sector Research Centre recently finished examining 30 public service mutual spin-outs. Dan Gregory summarises the findings and concludes that culture is more important than structure - no matter what Francis Maude says.

Nigel Kershaw, CEO of Big Issue Invest

Big Issue Invest, the social investment arm of the Big Issue, has today announced a £500,000 investment pot for ten early-stage social organisations.

Charities need equivalents to share capital

After struggling to grow as a charity, Charity Bank changed structure and last week sold £15m in shares to Big Society Capital. David Ainsworth argues that unless charities can find an equivalent to share capital, they’ll struggle to get the scale to win large government contracts.

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