CHILDREN AND YOUNG PEOPLE

Warnings over cost of Big Society loans

Third sector bosses have warned some loans from Britain's new Big Society Bank could be too expensive for smaller charities.

By Jamie Hailstone | 12 April 2012

Third sector bosses have warned some loans from Britain's new Big Society Bank could be too expensive for smaller charities.

Big Society Capital was officially launched last week by prime minister David Cameron, with £600m available to boost social investment programmes. The fund was part-financed through £400m of unclaimed cash left in dormant UK bank accounts for more than 15 years.

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Popular articles by Jamie Hailstone

  1. Are STPs delivering the change agenda?
  2. It's all about relationships
  3. Turning challenges into opportunities
  4. Frugal authorities may be left exposed to more cuts
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