With a third of the world’s adults still unbanked, the work of credit unions remains as relevant as ever – and their true impact on communities and the public purse may be significant, as two recent social value analyses demonstrate.
To-do list for new CEO at Big Society Capital sets out plans for ambitious growth, better communications, more flexible finance and action on diversity – quadrennial review highlights key successes, failings and challenges ahead.
As foundations plan to boost the UK’s emergency loan fund for social enterprises, our exclusive interview with the UK’s top impact CIO, Jeremy Rogers, reveals that mergers, as well as money, may be needed to save struggling social investors.
Social investors have long backed action on things like domestic abuse or economic inequality – so why the silence on racial injustice? Diversity Forum co-chair Amir Rizwan on how they can start to put their money where their mouths are.
Zamo Capital – the new company backed by Big Society Capital to scale up social investors – confirms its first deal, which will help Social and Sustainable Capital expand its team and raise more capital for its housing fund.
Despite its low uptake, social enterprise and investment bodies are fighting to retain Social Investment Tax Relief – with uncertainty around its future already affecting businesses in north-west England.