Charity Bank loan applications double in value but operating losses over £1m
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Charity Bank loan applications double in value but operating losses over £1m

6 May 2015 | David Ainsworth

Social lender Charity Bank doubled the value of loan applications and almost tripled its commitments to lend in 2014, but it filed an operating loss of over £1m, according to annual results announced today.

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Charity Bank loan applications double in value but operating losses over £1m

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Nesta to pilot Big Society Bank activities

The National Endowment for Science, Technology and the Arts (Nesta) has been asked by the government to research and pilot some of the activities the proposed Big Society Bank will perform to inform its development ahead of its target launch in April 2011.

Public benefit of independent schools escalates to Charity Tribunal

The Charity Tribunal has been asked to consider how the public benefit test should apply to fee-charging schools.

Sally Burton, chief executive, Shaw Trust

Welfare minister Steve Webb has said Work and Pensions Secretary Iain Duncan-Smith is looking at ensuring smaller providers get access to delivery of services in the new Welfare to Work programme.

Andrew Hind

Sector figures paid warm and heartfelt tributes to erstwhile Charity Commission chief executive Andrew Hind last night as the regulator’s annual public meeting doubled up as a leaving reception.

A giant of the charity sector, but an even greater friend. I am truly devastated that Dave is no longer with us.

» Former Citizens Advice chief David Harker dies

OSCR

A Herald Scotland story which claimed that 8,000 Scottish charities could not afford charitable status due to accountancy costs has been labelled “inaccurate” by the Scottish Council  for Voluntary Organisations in defence of the Office of the Scottish Charity Regulator.

Charities improve risk management despite anxiety over finances

Over 70 per cent of charities anticipate a fall in at least one of their main sources of income over the next year, according to a new report from PKF and CFDG on managing risk.

Sector's confidence in financial standing falls to all-time low

Nearly two-thirds of charity leaders expect their organisation’s financial situation to worsen over the next year, according to the latest Charity Forecast Survey from NCVO.

Research Centre calls for consensus on 'social enterprise' definition

The Third Sector Research Centre has called for more consensus on what is meant by "social enterprise", saying that some focus on business with a social aim, while others just include charities which trade.

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