From hobby business to supplying musicians all over the world for 23 yr old entrepreneur Stephen Henderson’s business journey began at 16 when he discovered the cajon (a traditional percussion instrument) at a party. The keen… Continue reading
Tag: access to finance
CIC Blog: Ethnicity and Financial Exclusion
The UK is one of the most powerful financial centres in the world, yet financial exclusion remains a significant issue. At the same time, a recent report into racial prejudice in Britain today shows that despite… Continue reading
CIC Blog: Penny for your thoughts? ATMs & the future of cash
Recent changes by LINK to its interchange rate means that thousands of free-to-use cash machines in the UK are threatened, potentially limiting access to cash for hundreds of communities. Its plans mean that the fee banks… Continue reading
CIC Blog: tackling financial exclusion in Scotland
Using data to understand and tackle financial exclusion in Scotland – summary of a round table discussion in the Scottish Parliament, hosted by Social Investment Scotland (SIS) and the Community Investment Coalition (CIC) On a… Continue reading
We need a bold vision for the provision of affordable credit
29.11.2017 For many people on low incomes, Christmas is far from a time of cheer. This year, the combination of rising inflation and an increase in interest rates while incomes continue to stagnate will place even… Continue reading
CIC blog: ‘Our partner bank cashed in its chips’
How data analysis can help to improve access to finance for small businesses… but only with support of banks. Kent Hudson from LABO ESS writes about a pilot scheme in France to use effective data management… Continue reading
Tackling Financial Exclusion Through Local Finance Partnerships
In 2016, responsible loan funds lent £20 million to 37,000 people and helped their customers deposit £3 million into savings accounts. Local finance organisations are innovative, responsive and resourceful but, at the moment, they don’t have… Continue reading
CIC event notes: Bank Lending Data: 3 years on, what have we learnt?
On December 12th, the Community Investment Coalition held a roundtable in the Palace of Westminster to discuss the achievements to date of the data disclosure campaign and how to move forward. Click here to download summary notes from… Continue reading
CIC blog: 2015 Closure of National Westminster Bank in Dulverton
Introduction The following account (under the heading ‘Timeline of the branch closure’) was delivered to the Community Investment Coalition (CIC) by Nick Thwaites, Mayor and Chairman Dulverton Town Council and West Somerset District Councillor. It depicts… Continue reading
CIC news: Animation shows how data disclosure can unlock access to finance
Data disclosure means providing information about a range of bank activities in defined geographical areas. The data provides information about the ways that banks invest the money the public deposits with them. Disclosure can also provide… Continue reading