Banks, investors and financial institutions today joined forces with universities and trade unions to launch the UK’s first alliance to finance a just transition. Coordinated by the Grantham Research Institute on Climate Chance and Environment at… Continue reading
Archives for November 2020
Month: November 2020
Fair Finance doesn’t just condemn high-interest lenders, it offers a better service
It’s easy to condemn exploitative high cost lenders, but their customers find them both authentic and trustworthy. So if you are truly serious about helping people whose employment or housing status makes them financially vulnerable then you need to compete with the products and services offered by the sub-prime sector. Faisel Rahman explains how Fair Finance does this, and how it’s adapted to maximise its impact in 2020. Continue reading
£10 million Bounce Back Fund in Greater Manchester Second Lockdown Response
In response to gaps in Bounce Back loan availability for some Greater Manchester-based SMEs following the second national lockdown, Greater Manchester Combined Authority (GMCA) in partnership with Responsible Finance member GC Business Finance has stepped in… Continue reading
Time to Stop Pay-Day Loan Firms Cashing in on the Pandemic
9.7 million households across the UK reported a fall in income by the end of July 2020 as a direct consequence of the pandemic. Nearly one in six households – 16% – were struggling to make… Continue reading