Today’s budget outlined a raft of welcome support to vulnerable individuals who may be at risk as a result of the coronavirus outbreak. Theodora Hadjimichael, chief executive of Responsible Finance, said: “The Chancellor Rishi Sunak announced… Continue reading
Category: News
Emergency funding is needed for low-income and gig-economy workers in the wake of the coronavirus outbreak
Theodora Hadjimichael, CEO at Responsible Finance, commented: “The coronavirus (COVID-19) outbreak presents a significant challenge to UK workers. At least 20% of the workforce – over 5 million self-employed people and at least 1.5 million individuals… Continue reading
Responsible finance providers are ready to deliver emergency funding to small firms hit by the coronavirus crisis
Theodora Hadjimichael, CEO at Responsible Finance, commented: “Micro enterprises and SMEs are already being negatively impacted by the coronavirus (COVID-19), as their workforces, sales and supply chains are all affected. As the driver of the UK… Continue reading
Post-Brexit investment in UK SMEs is vital to ‘level-up’ the regions and increase productivity
The EU’s European Regional Development Fund has been critical to the effective regeneration of regions across the UK. Its coherence and longevity have been key to its success. EU funding and instruments have been instrumental for… Continue reading
Responsible Finance unites with MPs and industry groups to secure access to cash
Responsible Finance has united with ACS, the British Retail Consortium, Federation of Small Businesses and Positive Money to urge the Chancellor to use next week’s Budget to secure long-term access to cash across the UK. 16… Continue reading
Scaling up the UK personal lending CDFI sector report welcomed
Report: How, and can, a 10x increase of operationally sustainable lending could be achieved by CDFIs in the UK within 10 years. The Carnegie UK Trust has published new research by Community Finance Solutions, University of… Continue reading
Responsible Finance responds to the BBB Small Business Finance Markets report
We welcome the latest British Business Bank Small Business Finance Markets report. Appropriate provision of small business finance is vital as the UK exits the EU and the economy adapts to the new opportunities and challenges… Continue reading
Exceptional businesses and finance providers are finalists in Citi Microentrepreneurship Awards 2020
Today we reveal the eleven micro, small and social enterprises shortlisted for Awards reflecting their positive impacts in creating jobs, unlocking opportunities, and addressing social and environmental challenges. Continue reading
Responsible Finance responds to National Audit Office Report on business support
Responsible Finance responds to a National Audit Office that has warned that Government support for business is fragmented, which could make replacing EU development funds more difficult after Brexit. Now that a pathway to Brexit is… Continue reading
Responsible Finance responds to a new report on the scale and impact of appliance poverty
Responsible Finance responds to a new report from Turn2Us which showed over two million households – 4.8 million people – are living without at least one essential household appliance. The statistics in this report paint a… Continue reading