A new report offers many practical examples of how clauses inserted into any public procurement contract can require the contractor to provide targeted training and job opportunities, which can be focused on poor people and poor places. And these mechanisms comply with UK and European procurement rules.
Finance Archives - Page 30 of 43 - NewStart
With the scrapping of the social fund and the confusion around budgeting advances under universal credit more people risk having to visit high cost credit lenders just to get by. But No Interest Loan Schemes offer an alternative to that. With a look at how they work in Australia, more local authorities in the UK could build support for this lifeline.
There needs to be a clear statement - and this is one we are keen to make from a local authority perspective - that further funding is needed to support Wales in developing an outstanding range of social enterprises delivering services by and for the community.
Despite several government-funded initiatives in recent years, the scale of credit unions and community development finance institutions (CDFIs) remains woefully inadequate to provide any real brake on the inexorable growth of the legal loan sharks.
For all the talk of reform, little has changed in our banking system. So, rather than relying on big finance to get us out of this mess, why don’t we give small, local, community finance a go?
Finance is at the heart of local change. The most resilient local economies are those in which money flows around a community, through progressive procurement and support for local services and businesses. Here’s ten of the best ideas from around the world for helping keep finance local.
As a new pilot attempts to join up the dots of community finance, Clare Goff asks whether the time is ripe for an alternative finance revolution
The Ulster Community Investment Trust is plugging the gap as government retreats and banks withdraw finance. Trudi Dunbar explains
Given the current financial and social environment, local political leaders have to be ready to listen, to let go and to support communities and local groups. Equally they have to be ready and willing to change their minds in the face of local opposition and/or clear evidence that their ideas will not be sustainable.
Suburbs (and the poverty within them) warrant greater attention, not least from ministers and Whitehall officials. With most people in poverty living in suburbs there needs to be a much better understanding of poverty in suburbia. We need to know more about the drivers of poverty by place so we can prevent the problems in the first place.