Report: UK banks are lending £3bn to social organisations

Report: UK banks are lending £3bn to social organisations

22 Jul 2016 | Alice Sharman

A report commissioned by RBS has estimated that banks in the UK have over £3bn invested in outstanding lending to social organisations, and that there is no evidence that banks discriminate against the social sector.


Report: UK banks are lending £3bn to social organisations

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Access Foundation makes first investment and calls for more proposals

Access – the Foundation for Social Investment has made its first investment, into a fund providing loans to health and social care charities in the South West, and calls for more applications to its Growth Fund.

Jo Cox

A charity supported by the murdered Labour MP Jo Cox, has been awarded £375,000 of money raised through Libor fines.

Commission becoming 'fully weaponised enforcement agency', Parliament warned

Charity representatives accused the Charity Commission of "regulation led by red top" and said the government is trying to silence the sector, in a Parliamentary committee hearing yesterday.

Change rules around public contracts to let charities compete fairly, Big Society Capital tells government

The government must make three changes to public commissioning to make the rules fairer for charities and social enterprises, a group led by Big Society Capital has warned ministers in a letter today.

Charity Finance was (and is) a truly proper read for anyone working in this industry. It was like Daniel himself - decent, informative, full of integrity and with a sprinkling of humour to lighten the load.

» Daniel Phelan: Publisher, editor, social entrepreneur, intellectual

Grants to Kids Company 'were in line with Cabinet Office remit' say accounts

The head of the National Audit Office has cleared the Cabinet Office of acting inappropriately over how it awarded grants to Kids Company, shortly before the charity collapsed last year.

Charity Commission looking into complaints at Garden Bridge Trust

The Charity Commission has opened an operational compliance case into the charity established to build and deliver London’s new Garden Bridge following complaints over the charity’s expenditure.

 Oxfam faces 20 per cent spending hit following Brexit, warns fundraising director

Oxfam will have to spend up to 20 per cent more to help the same amount of beneficiaries, following a drop in the value of the pound after the referendum result, its director of fundraising said earlier this week.

Commission ‘urgently assessing’ Broken Rainbow closure

The Charity Commission is “urgently assessing” a charity which recently closed due to lack of funding, following allegations that charity money was spent on first-class train travel and personal expenses.

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