UK social investment industry still ‘designed to favour social bankers, not social businesses’, concludes Social Enterprise UK’s ‘report card’ on the Adebowale Commission.
Big Society Capital must reconsider plans not to focus solely on social enterprises or provide core funding for a Black-led social investment fund, say Social Enterprise UK's CEO Peter Holbrook and chair Lord Victor Adebowale.
As Big Society Capital marks its 10-year anniversary, CEO Stephen Muers reveals key changes ahead – including addressing past failings on diversity and changing a target return rate that is now “out of step” with the organisation's mission.
The Commission on Social Investment’s “bold” recommendations call for £800m new money, a fresh strategy from government and a rethink of Big Society Capital.
In an exclusive interview, the chair of the Commission on Social Investment says his report’s recommendations can deliver ‘levelling up’ – but the UK government must get serious about social enterprise and social investment.
New report by Co-operatives UK shows more people have embraced co-operative ownership of their local pub, while the number of co-ops generally continues to grow despite the crisis.
Frustrated former minister who helped birth UK’s social investment policy warns powerful department for business is now falling behind on major global shift towards purpose-led business and ESG.
The direct link between the social investment market and growing social enterprise appears to be slipping, writes the Social Enterprise UK chair – it's time to hear what social entrepreneurs need.
"No looking back and no preconceptions," promises Lord Victor Adebowale as he begins to dig into UK's £3.5bn social investment market – with consultation of social enterprises to begin shortly.
