Did you know it wasn’t his idea at all?
Here it is. In the words of David Blunkett, from the Fabian Society document:
“There is a challenge here to try and ensure either closer integrated working or the amalgamation of these funding streams – to ensure the creation of a one stop means of application (either electronically or through hard copy) for financial support and advice for small and medium sized voluntary groups, rather than the complex methods that currently exist. Both Charity Bank and Keyfund (in many regions) are doing an excellent job in this area. Charity Bank has arranged appropriate low interest loans valued at £83 million over the last 6 years. One further, major beneficial change for the future will arise from new legislation relating to Unclaimed Assets held by financial institutions – which in future can be put to use in investing in publicly beneficial programmes. The true scale of what may become available is not yet clear, but the social investment over a number of years may well be so considerable that building the capacity of the voluntary, community and social enterprise sector would be substantial.”
The ideas that fuel the politicians’ brains of all persuasions swim around and around The Think Tanks, My Black Cat.
The Think Tanks where the crocodiles are.
a red apple ……………………
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