There was scant interest for social enterprises in the UK government's Autumn Statement. Was there anything to cheer with announcements about social investment tax relief and community businesses?
The Autumn Statement puts the brakes on promising growth of genuine community energy projects. Big Society Capital's Matt Robinson and Daria Kuznetsova provide analysis in the aftermath of the Chancellor's spending review in the UK.
Cuts to the Cabinet Office raise concerns about the future of the Ministry of Civil Society and £20m of support per year is allocated to social impact bonds following Chancellor George Osborne's Autumn Statement in the UK.
International wealth management firm UBS is sponsoring social investment specialist Resonance to create the first in a series of social investment tax relief funds in the UK.
The chancellor George Osborne plans to raise threshold for eligible investments in social enterprises to £5m a year under social investment tax relief.