Tag Archives: big society capital

The Independent View: What is Big Society Capital – big, new or just Big Society nonsense?

In its first transaction, the £600m fund has invested £1m in Private Equity Foundation, an organisation helping disadvantaged teenagers find jobs when they leave school; £400m of the fund will be unclaimed assets left dormant in bank accounts for more than 15 years, with the rest coming from HSBC, Lloyds Banking Group, Barclays and Royal Bank of Scotland.

– The Independent, 29/07/2011.

The Indie report then goes on to tell about the first “social impact bond” project, which is an “investment” in measures to reduce re-offending in Peterborough.

So The much vaunted “Big Society Bank” – sorry – …

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  • David Blake
    I agree with much of what Richard Cripps says - and I've been a member for 54 years. If I wasn't already a member I'm not sure that what the party has become w...
  • Richard Dickson
    Thanks for this. Kindness - to people, businesses, whole communities, our environment and to nature, to our past, present and future - requires us also to be br...
  • Richard Cripps
    I've been a Lib/Lib Dem voter for 50 years. However, I'm finding it more and more difficult to justify this to friends and family (snd sometimes even myself) as...
  • Steve Trevethan
    P. S. Here is an article from the current edition of "Counterpunch" which may be of relevance and/or interest. https://www.counterpunch.org/2026/10/23/france...
  • Steve Trevethan
    Thank you for a most incisive article which, so precisely, presents the cruelty and greed of Neolibealim. Would that the L.D Party renounced and denounced Ne...