Low-key government announcement of latest £350m dormant assets funding allocation falls short of what social investment leaders had been campaigning for, as money will be evenly split between four ‘good causes’.
Cross-sector collaboration – and government money – are needed as funding gap left by mainstream investors prevents the social economy from reaching its full potential, shows first in-depth study of catalytic capital in UK.
Social investment firms report just a small improvement in gender diversity among decision-makers – but the typical board director is still male, white and privately-educated.
An independent review argues that the UK stands at a critical point with the potential to develop social investment for the wider public and maintain its position as a world leader in the sector.
Times have changed since social investment was first big news in the New Labour years. Now there’s less money and political tides are moving in different directions. David Floyd wonders if social investment can respond to today’s challenges.
The world's first social investment bank Big Society Capital has announced the name of its new CEO. Cliff Prior, who has lead UnLtd for over eight years, is to take on the role early next year.
