Social enterprise leaders welcome new funds but warn that rolling out £800m Dormant Assets Scheme without careful planning would be a “massive mistake” – while shadow charities minister says policy is “scraping the barrel”.
UK government releases more funding from forgotten bank and building society accounts, but questions remain over billions which are, as yet, unallocated.
Stocks, shares, pensions. There's potentially loads of money just lying about that could be handed to social ventures apparently. But will the companies managing the assets hand it over?