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Big Society Bank
Big Society Capital Limited (BSC) is an independent social investment institution in the United Kingdom, which provides finance to organizations that support front-line social sector entities to help them grow. Synopsis Social 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, established in April 2012 by the Cabinet Office of the Cameron-Clegg ministry. It launched as an independent organisation with a £600m investment fund.Big Society fund launches with £600m to invest 4 April 2012. The investment fund comes from dormant bank accounts via an independent Reclaim ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cabinet Office
The Cabinet Office is a department of His Majesty's Government responsible for supporting the prime minister and Cabinet. It is composed of various units that support Cabinet committees and which co-ordinate the delivery of government objectives via other departments. As of December 2021, it has over 10,200 staff, most of whom are civil servants, some of whom work in Whitehall. Staff working in the Prime Minister's Office are part of the Cabinet Office. Responsibilities The Cabinet Office's core functions are: * Supporting collective government, helping to ensure the effective development, coordination and implementation of policy; * Supporting the National Security Council and the Joint Intelligence Organisation, coordinating the government's response to crises and managing the UK's cyber security; * Promoting efficiency and reform across government through innovation, transparency, better procurement and project management, by transforming the delivery of services, and imp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sir Ronald Cohen
Sir Ronald Mourad Cohen (born 1 August 1945) is an Egyptian-born British businessman and political figure. He is the chairman of The Portland Trust and Bridges Ventures.Klion Forum with Sir Ronald Cohen: "Why Do We Need Social Capital Markets?",Columbia Business School,/ref> He has been described as "the father of British venture capital"Brown picks tycoon to back power bid '''', 16 January 2005. Accessed 22 March 2006 and "the father of social investment". Early life |
Social Impact Bond
A social impact bond, also known as pay-for-success financing, pay-for-success bond, social benefit bond or simply a social bond, is one form of outcomes-based contracting. Although there is no single agreed definition of social impact bonds, most definitions understand them as a partnership aimed at improving the social outcomes for a specific group of citizens. The term was originally coined by Geoff Mulgan, chief executive of the Young Foundation. The first SIB was launched by UK-based Social Finance Ltd. in September 2010. As of July 2019, 132 SIBs have been launched in 25 countries, and they are worth more than $420m. History The social impact bond is a non-tradeable version of social policy bonds, first conceived by Ronnie Horesh, a New Zealand economist, in 1988. Since then, the idea of the social impact bond has been promoted and developed by a number of agencies and individuals in an attempt to address the paradox that investing in prevention of social and health pr ... [...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, but 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.Archived here. Like its predecessor the FSA, the FCA is structured as a company limited by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nous
''Nous'', or Greek νοῦς (, ), sometimes equated to intellect or intelligence, is a concept from classical philosophy for the faculty of the human mind necessary for understanding what is true or 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. In Aristotle's influential works, which are the main source of later philosophical meanings, nous was carefully distinguished from sense perception, imagination, and reason, although thes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Management Today
Haymarket Media Group is a privately held media company headquartered in London. 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. The company expanded outside the UK in 1999. History Haymarket began in the 1950s, under the name Cornmarket Press. 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 Haymark ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £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. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a "Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sherid ... [...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. 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 with deposits and loan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banco Santander
Banco Santander, S.A., doing business as Santander Group (, , Spanish: ), is a Spanish multinational financial services company based in Madrid and Santander in Spain. Additionally, Santander maintains a presence in all global financial centres as the 16th-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 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 May 2016, Santander was ranked as 37th in the Forbes Global 2000 list of the world's biggest public companies. Santander is Spain's largest bank. Banco Santander is chaired by Ana Patricia Botín-Sanz de Sautuola O'Shea, daughter and granddaughter of former chairmen Emilio Botin-Sanz de Sautuo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marie Curie Cancer Care
Marie Curie is a registered charitable organisation in the United Kingdom which provides care and support to people living with a terminal illness 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 (NHS). In the financial year 2020/21, the charity’s community nursing services cared for 42,168 people with a terminal illness, while its nine hospices in Belfast, Bradford, Cardiff, Edinburgh, Glasgow, Hampstead, Liverpool, Newcastle, and the West Midlands cared for 7,385 people. The charity’s information and support service was used more than two million times. Marie Curie campaigns on issues affecting people living with a terminal illness, their families and carers, and it’s the largest charitable UK funder of palliative and end of life care research. History Marie Curie was founded in 1948. The Marie Curie Hospital was founded in Hampstead, North London in 1930. It was staffe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Administration Select Committee
The Public Administration and Constitutional Affairs Select Committee, formerly the Public Administration Select Committee, is a select committee appointed by the British House of Commons to examine the reports of the Parliamentary and Health Service Ombudsman, and to consider matters relating to the quality and standards of administration provided by civil service departments, and other matters relating to the civil service, mostly for England and Wales, and constitutional affairs. It is the principal select committee to which Cabinet Office ministers are accountable and thus handles pre appointment and accountability hearings for independent officers, with an independent civil society or cross departmental role, such as the First Civil Service Commissioner, the chair of the UK Statistics Authority and the chair of the Charity Commission. The committee chooses its own subjects of inquiry, within its overall terms of reference; however, it seeks evidence from a wide variety ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral in the City of London. Since 2007, it has been part of the London Stock Exchange Group (LSEG, that it also lists ()). The LSE was the most-valued stock exchange in Europe from 2003 when records began till Autumn 2022, when the Paris exchange was briefly larger, until the LSE retook its position as Europe’s largest stock exchange 10 days later. History Coffee House The Royal Exchange had been founded by English financier Thomas Gresham and Sir Richard Clough on the model of the Antwerp Bourse. It was opened by Elizabeth I of England in 1571. During the 17th century, stockbrokers were not allowed in the Royal Exchange due to their rude manners. They had to operate from other establishments in the vicinity, notably ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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