UK high street banks have been called upon to support emergency loan fund for social ventures, while social investors promise three-week turnaround and regular reviews to adapt and improve the fund where needed.
A £25m recovery fund, £29m in emergency loans and £50m more as Big Society Capital pledges to "reprioritise and repurpose" existing and future investments – while charities get a long-awaited promise of funding from government.
Bite-sized stories this week from the impact investing and social enterprise world: BlackRock faces up to climate risk, most responsible FTSE 100 firm revealed, Charity Commission opens up conversation on responsible investing, and more.
Bite-sized stories this week – featuring a Middle East opportunity for wellbeing-focused enterprises, scale-up support for those helping people with complex needs, royal accolades for social enterprise leaders, and more.
Has the UK lost its leadership position on impact investing? Does it actually matter? If the new Impact Investing Institute is to retake the lead for the UK, it will first need to establish the direction it wants to lead in, points out our columnist.