A new report into social impact bonds has highlighted their growing popularity, as the charity Age UK urges the Government to consider using them to solve the growing care crisis.
In a report published on 31 October, the Bank of America Merrill Lynch and Bridges Ventures said there are almost 100 social impact bonds under development around the worldwide, which will help divert children from care and reducing re-offending.
Want full article access?
Receive The MJ magazine each week and gain access to all the content on this website with a subscription.
Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.
Already a subscriber? Login
