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Barclays slated after CIO takes a year to open a bank account 6

8 Sep 2014 | Tania Mason
Tags: Banking

An adviser to a new charitable incorporated organisation that spent more than a year trying to open a bank account has blasted Barclays for its onerous demands and disproportionate due diligence.


 

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Barclays slated after CIO takes a year to open a bank account

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Labour to create legal definition of social enterprise

The Labour party will create a legally binding definition of social enterprise, Chi Onwurah, the shadow social enterprise minister, promised yesterday on the opening day of her party’s national conference.

Use £400m from dormant insurance policies for sector innovation fund, says CSJ report

More than £400m should be raised from dormant insurance policies to establish a fund to support innovation in the charity sector, according to a report from the Centre for Social Justice.

Martyn Rose, chair, Big Society Network

The trustees of Society Network Foundation have rejected the Cabinet Office claim that the charity ought to repay £34,000 of its Social Action Fund grant, insisting that they had permission to transfer the unspent grant into general funds.


Man jailed for stealing £300,000 of donations meant for Help for Heroes

A man has been jailed for four and a half years for stealing £300,000 donated by the public who believed it would go to military charity Help for Heroes.

Congratulations to the RNLI - this only goes to prove that working on long term (and short term for that matter) legacies really pays dividends in the end.

» RNLI legacy income rises to record £118m

Cabinet Office

Charities and social enterprises are invited to apply for grants from a £1m Cabinet Office fund for projects which help support unpaid, family carers.

St Andrew’s Heathcare paid outgoing chief executive £751,000 last year

Philip Sugarman, the departing chief executive of St Andrew's Healthcare, was paid £285,000 in salary, £389,000 pay in lieu of notice and £76,000 as compensation for loss of office, the charity’s accounts reveal.

Shaw Trust income up 12 per cent but staff numbers down 11 per cent

The Shaw Trust has seen a 12 per cent rise in its income, up to £107.8m, according to its 2013/14 annual accounts.

Diabetes UK

A partnership between Diabetes UK and Tesco has contributed to an upturn of almost 40 per cent in the charity’s finances, according to its latest accounts.

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