The UK is one of the most powerful financial centres in the world, yet financial exclusion remains a significant issue. Ethnic minority businesses are estimated to contribute £25 to £32 billion to the UK economy per… Continue reading
Category: News
Budget 2018: Crucial investment is needed to support the responsible finance sector and the impact it has on local economic growth
The social and economic value that responsible finance providers generate is significant; for every £1 responsible finance providers lend, they generate £7 in economic value, says Responsible Finance. With Brexit on the doorstep, the future of the financial services industry… Continue reading
Rewarding good business and sustainable development: £80,000 available in microentrepreneurship awards
Microentrepreneurs in the UK can win “transformative” financial prizes in the Citi Microentrepreneurship Awards, now open for applications. The UK’s most exciting awards for microentrepreneurs return to the UK to celebrate the impact and achievements of… Continue reading
BCRS Business Loans – Loan investment from Banks
About BCRS Business Loans (BCRS) is a Community Development Finance Institution (CDFI) based in Wolverhampton, lending to small businesses across the West Midlands. This case study focuses on how an investor can use Community Investment Tax… Continue reading
Should we accept open banking with open arms? Open banking and its potential for the responsible finance sector
‘Open banking’, which came into effect in January 2018, is a series of reforms which will change the way banks deal with consumers’ financial information. Called for by competition watchdog, the Competition and Markets Authority (CMA),… Continue reading
New Research: Community Investment Tax Relief (CITR) and the Responsible Finance Sector
March 2018 Today sees the publication of the first major piece of research into the impact of the Community Investment Tax Relief (CITR) since the scheme’s launch in 2002. Completed by Community Investment Services Ltd… Continue reading
It’s all about the passion
21.04.201The number of business start-ups reached a record high in 2016 – with over 650,000 new businesses started in the UK. So what makes over 1,700 people decide to set up in business every day? Being… Continue reading
Is a local finance partnership for you?
A practical toolkit for local finance partnerships 26.10.2017 Partnerships between local finance organisations have many benefits, evidenced by existing collaborations between some responsible finance organisations. The ‘Creating Local Finance Partnerships Toolkit’ was created as a practical… Continue reading
Responsible Finance Leadership Development Programme
The world is awash with leadership books, courses and advice. In 2015 around 1,200 books were published with the word ‘leadership’ in the title. Type ‘leadership’ into a search on Amazon and you will have… Continue reading
Responsible Finance’s Summer Briefing, July 2018
Please find below Responsible Finance’s bi-yearly briefing for all of our stakeholders. This provides an update of some of the many streams of activities that Responsible Finance and its members are involved in, to provide and… Continue reading