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
Tag: financial inclusion
Solving the consumer debt problem: why we need a tax relief for responsible lenders
The Responsible Finance sector remains a critical but under-resourced source of responsible credit for hard pressed families 29.08.2017 In June, almost exactly 10 years after the start of the banking crisis, the Bank of England ordered… Continue reading
Rebecca gets her finances back on track with the support of Scotcash
Rebecca works part-time on minimum wage and Lives with her partner and 16 year old child in socially rented accommodation in the East End of Glasgow. She has been a customer of Scotcash for six years,… 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 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 blog: CMA’s final report into the retail banking market is a missed opportunity
The Community Investment Coalition (CIC) has described the CMA’s final report on its investigation into the retail banking market as a missed opportunity to improve competition in the retail banking sector and so improve banking services… Continue reading
Improving the financial health of the nation: ideas for the next Parliament
The United Kingdom leads the world in financial services and yet more than two million adult Britons don’t have a bank account. In the autumn of 2014, the Financial Inclusion Commission came together to find out why, and to put the issue on the political agenda ahead of the General Election. Chris Pond explains what the Commission is calling for from the next government. Continue reading
CIC news: A Community Investment Coalition letter to the Chancellor
The Community Investment Coalition has today written this letter to the Chancellor of the Exchequer in response to the Budget: Letter to the Chancellor, 18th March 2015. The letter covers four steps that UK Government can… Continue reading
CIC press release: Financial Inclusion Commission urges UK Government to improve financial health of the nation
The Community Investment Coalition (CIC) has warmly welcomed the Financial Inclusion Commission’s report ‘Improving the financial health of the nation’. The Financial Inclusion Commission’s work has highlighted the vulnerability of private finances and the lack of… Continue reading
Financial Inclusion Commission calls for new Minister for Financial Health
New report sets out vision for financially inclusive Britain and recommends measures to promote sustainability of community finance and for banks and other lenders to work more closely with community finance firms Continue reading