Our message to the Chancellor is not to waste an opportunity to get things done – and if he’s truly serious about doing whatever is necessary, ask responsible finance providers to help deliver these emergency financial support measures. Continue reading
News
Local authorities should use responsible finance providers to help deliver the hardship fund to where it is needed most – statement about the budget for individuals
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
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
An equal world is an enabled world: why we want to forge a gender equal world to enable women entrepreneurs to thrive!
This International Women’s Day we’re celebrating female entrepreneurship. Responsible finance providers lend to entrepreneurs who are unable to access mainstream finance; creating opportunities and supporting job creation. In 2019, 40% of responsible finance loans went to… 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
From record-breaking athlete to zero-hours contract to founding sport social enterprise
Imagine yourself on a zero-hours contract, leaving home early in the morning to deliver a sports therapy session. By the time you’ve spent several hours traveling to the place which booked the session – at your… 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