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Big Society Capital
Better Society Capital Limited (BSC), formerly Big Society Capital, is a social impact investor in the United Kingdom, with a mission to grow the amount of money invested in tackling social issues and inequalities in the UK. It invests its own capital into a range of social purpose organisations, as well as enabling others to invest. Much of BSC's money comes from the Reclaim Fund, which was created in 2012 to make use of dormant bank accounts. Overview Social impact investment is about lending or investing money to achieve a social, as well as, financial return. BSC was the world's first social investment institution of its kind, conceived under Gordon Brown's Labour government, then established in April 2012 by the Cabinet Office of the Cameron-Clegg ministry. It launched as an independent organisation with a £600m investment fund. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Impact Investment
Impact investing refers to investments "made into companies, organizations, and funds with the intention to generate a measurable, beneficial social or environmental impact alongside a financial return". At its core, impact investing is about an alignment of an investor's beliefs and values with the allocation of capital to address social and/or environmental issues. Impact investors actively seek to place capital in businesses, nonprofits, and funds in industries such as renewable energy and education. microfinance, Institutional investors, notably North American and European development finance institutions, pension funds and endowments have played a leading role in the development of impact investing. Under Pope Francis, the Catholic Church saw an increased interest in impact investing. Impact investing occurs across asset classes; for example, private equity/venture capital, debt, and fixed income. Impact investments can be made in either emerging or developed markets, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Project Merlin
Project Merlin is an agreement between the Cameron–Clegg coalition, British Government of David Cameron and four of the major high street banks in the United Kingdom. These banks are Barclays, Lloyds Banking Group, the Royal Bank of Scotland and HSBC. The agreement covers aspects of banking activity, notably lending, pay and Bankers' bonuses, bonuses with the intention of promoting lending to businesses, particularly small businesses, curbing the size of bankers' bonuses and promoting transparency with regards to executive pay. The agreement was finalised on 9 February 2011. Background In October 2008, the Labour Government of the UK introduced a 2008 United Kingdom bank rescue package, bank rescue package as a response to the 2008 financial crisis. The Northern Rock bank had already been nationalised following its collapse in 2007, the government subsequently part-nationalised Bradford & Bingley, Lloyds Banking Group and the Royal Bank of Scotland. The government had been concer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Conduct Authority
The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom. It operates independently of the UK Government and is financed by charging fees to members of the financial services industry. The FCA regulates financial firms providing services to consumers, and maintains the integrity of the financial markets in the United Kingdom. It focuses on the regulation of conduct by both retail and wholesale financial services firms. Like its predecessor the FSA, the FCA is structured as a company limited by guarantee.Goldsworth, J., ''Lexicon of Trust & Foundation Practice'' ( Wendens Ambo: Mulberry House Press, 2016)p. 140 The FCA works alongside the Prudential Regulation Authority and the Financial Policy Committee to set regulatory requirements for the financial sector. The FCA is responsible for the conduct of around 58,000 businesses which employ 2.2 million people and contribute around £65.6 billion in annual tax revenue to the economy in the Unite ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nous
''Nous'' (, ), from , is a concept from classical philosophy, sometimes equated to intellect or intelligence, for the cognitive skill, faculty of the human mind necessary for understanding what is truth, true or reality, real. Alternative English terms used in philosophy include "understanding" and "mind"; or sometimes "thought" or "reason" (in the sense of that which reasons, not the activity of reasoning). It is also often described as something equivalent to perception except that it works within the mind ("the mind's eye"). It has been suggested that the basic meaning is something like "awareness". In colloquial British English, ''nous'' also denotes "good sense", which is close to one everyday meaning it had in Ancient Greece. The ''nous'' performed a role comparable to the modern concept of intuition (philosophy), intuition. In Aristotle's philosophy, which was influential on later conceptions of the category, ''nous'' was carefully distinguished from sense perception, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Management Today
Haymarket Media Group is a private media company headquartered in London, United Kingdom. It has publications in the consumer, business and customer sectors, both print and online. It operates exhibitions allied to its own publications, and previously on behalf of organisations such as the BBC. History Haymarket was founded in 1957. Clive Labovitch and Michael Heseltine – later a Cabinet minister under Margaret Thatcher and Deputy Prime Minister under John Major – who had met at university, started out with the 1957 ''Directory of Opportunities for Graduates'', and in 1959 relaunched ''Man About Town'', which was to become an influential (if unprofitable) men's consumer magazine. The company failed in its relaunch of the British news weekly ''Topic'', the title closing at the end of 1962, within three months of the takeover. The partners split in 1965, with Heseltine renaming his half of the business Haymarket Press to publish ''Management Today''. In 1965.Buying the med ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Japanese holding company, Nikkei, Inc., Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson plc, Pearson sold the publication to Nikkei for Pound sterling, £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. In 2023, it was reported to have 1.3 million subscribers of which 1.2 million were digital. The newspaper has a prominent focus on Business journalism, financial journalism and economic analysis rather than News media, generalist reporting, drawing both criticism and acclaim. It sponsors an Financial Times and McKinsey Business Book of the Year Award, annual book ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail Banking
Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking (corporate banking). Banking services which are regarded as retail include provision of savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards. Retail banking is also distinguished from investment banking or commercial banking. It may also refer to a division or department of a bank which deals with individual customers. In the U.S., the term ''commercial bank'' is used for a ''normal'' bank to distinguish it from an investment bank. After the Great Depression, the Glass–Steagall Act restricted normal banks to banking activities, and investment banks to capital market activities. That distinction was repealed in the 1990s. Commercial bank can also refer to a bank or a division of a bank that deals mostly ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banco Santander
Banco Santander S.A. trading as Santander Group ( , , ), is a Spanish multinational financial services company based in Santander, with operative offices in Madrid. Additionally, Santander maintains a presence in most global financial centres as the 14th-largest banking institution in the world. Although known for its European banking operations, it has extended operations across North and South America, and more recently in continental Asia. It is considered a systemically important bank by the Financial Stability Board. Many subsidiaries, such as Abbey National, have been rebranded under the Santander name. The company is a component of the Euro Stoxx 50 stock market index. In June 2023, Santander was ranked as 49th in the Forbes Global 2000 list of the world's biggest public companies. Banco Santander is chaired by Ana Patricia Botín-Sanz de Sautuola O'Shea, daughter and granddaughter of former chairmen Emilio Botin-Sanz de Sautuola y García de los Ríos and Em ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marie Curie Cancer Care
Marie Curie is a registered charitable organization, charitable organisation in the United Kingdom which provides hospice care and support for anyone with an illness they are likely to die from, and those close to them, and campaigns for better support for dying people. It was established in 1948, the same year as the National Health Service, National Health Service (NHS). In the financial year 2021/22, the charity supported 66,024 people through its nursing services, hospices and support line calls. It runs nine hospices in Belfast, Bradford, Cardiff, Edinburgh, Glasgow, Hampstead, Liverpool, Newcastle, and the West Midlands. The charity's information and support service was used more than 1.2 million times. Marie Curie campaigns on issues affecting people with any illness they're likely to die from, their families and carers, and it's the largest charitable UK funder of Palliative care, palliative and end-of-life care research. History Marie Curie was founded in 1948. The Mari ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Administration Select Committee
The Public Administration and Constitutional Affairs Select Committee (PACAC), formerly known as the Public Administration Select Committee, is a committee appointed by the House of Commons of the United Kingdom. Its primary role is to scrutinize reports from the Parliamentary and Health Service Ombudsman, monitor the quality of administration in civil service departments, and examine issues relating to the civil service and constitutional affairs. The committee primarily focuses on matters in England and Wales but also considers broader constitutional and administrative issues affecting the United Kingdom. PACAC plays a vital role in ensuring transparency, accountability, and efficiency in public administration and governance. Its inquiries often address key concerns about the functioning of government institutions, public service delivery, and the implementation of constitutional principles. The Public Administration and Constitutional Affairs Select Committee, previously know ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London Stock Exchange
The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral. Since 2007, it has been part of the London Stock Exchange Group (LSEG, which the exchange also lists (ticker symbol LSEG)). Despite a post-Brexit exodus of stock listings from the LSE, it was the most valued stock exchange in Europe as of 2023. According to the 2020 Office for National Statistics report, approximately 12% of UK-resident individuals reported having investments in stocks and shares. According to a 2020 Financial Conduct Authority report, approximately 15% of British adults reported having investments in stocks and shares. History Coffee House The Royal Exchange, London, Royal Exchange had been founded by the English financier Thomas Gresham and Sir Richard Clough on the model of the The Belgian bourse of Antwerp, An ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Authority
The Financial Services Authority (FSA) was a quasi-judicial body accountable for the regulation of the financial services industry in the United Kingdom between 2001 and 2013. It was founded as the Securities and Investments Board (SIB) in 1985. Its board was appointed by the Treasury, although it operated independently of government. It was structured as a company limited by guarantee and was funded entirely by fees charged to the financial services industry. Due to perceived regulatory failure of the banks during the 2008 financial crisis, the UK government decided to restructure financial regulation and abolish the FSA. On 19 December 2012, the Financial Services Act 2012 received royal assent, abolishing the FSA with effect from 1 April 2013. Its responsibilities were then split between two new agencies: the Financial Conduct Authority and the Prudential Regulation Authority of the Bank of England. Until its abolition, Lord Turner of Ecchinswell was the FSA's chairman an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
