Lord Kamall has been named as the new minister for civil society in the UK by the Department for Digital, Culture, Media and Sport. He has previously worked on microfinance for entrepreneurs from poor communities.
The prime minister’s plan to protect against surging energy prices only provides support for businesses for the next six months, and lack of clarity over immediate measures leaves social enterprises at risk of closure, fear membership bodies.
Critics of the government’s flagship Levelling Up policy focus on reliance on business as usual, while others welcome introduction of Danny Kruger’s social covenant.
UK’s development finance institution announces broader remit, big jump in climate investing, and commitment to gender finance. Plus, Google’s Diana Layfield to become first-ever female chair.
DCMS confirms civil society brief remains there, but minister is still TBC. Meanwhile, prime minister Boris Johnson's 'levelling up' project gains political ground as economist Andy Haldane heads levelling-up taskforce and Kruger gets junior role.
NEWS ANALYSIS: Long snubbed in an impact investing market obsessed with returns, ‘blended finance’ has now proven its worth. But securing its survival could be Access’s most important role in the second half of its lifetime.
Mask-free and ready to mingle: sustainable capitalism takes centre stage at government-backed pilot event in Liverpool – with organisers aiming to create a festival vibe “without the private jets” and a “radical rethink” of business events.
Financial Secretary to the Treasury rejects calls for a further extension of a crucial tax relief scheme designed to stimulate social investment – but campaigners hope this will open the door to a new, improved policy to replace it.
