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Britain's newly elected Labour government is looking to the financial world for help dealing with the country's housing crisis, the Guardian reports.
According to the Telegraph, affordable housing is a major issue in the UK, with one in four people unable to afford to live in their own home.
The new government is looking to the financial world for help with the problem, with its chief secretary to the UK Treasury, Darren Jones, hosting a roundtable on impact investment last week.
"The sector is growing, with a 12-fold increase in social impact investments made in the UK over the last 12 years, but we need to accelerate this investment if we are going to address the increasing inequalities in our society," Jones says.
According to the Guardian, more than $5 billion has been invested in social impact projects in the UK over the last 12 years.
The new government wants to see that figure rise to $10 billion.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
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Africa is witnessing a transformative wave of impact investing and entrepreneurship, driven by innovative founders and supportive investors who believe in the continent's potential.The narrative of...more
Impact Investing: Tales from the Front Lines 2025 is the first event of this series in Asia.The event will be in a mix of English and Japanese.The panel will feature investment management partner...more
The Wholesale Impact Investment Fund (WIIF) aims to address the critical financing gap faced by Micro, Small, and Medium Enterprises (MSMEs) The WIIF is positioned to drive long-term economic growth,...more
A resilient health system in Africa will require collaboration among governments, development agencies, private sectors, and local communities.Despite the rise of impact investing, only a small...more
Phenix Capital Group has released its latest Impact Report: Real Estate Funds at a Glance.The report highlights trends, growth, and sustainability goals within the real estate investment sector.The...more
Social Entrepreneurship
Spotlight
Change in the World of Work and Enterprise: Get Young People Into Work
The position young people are dealt with can be complex, and yet the entire economic system is still focused for an age that’s almost gone astray. The solution? Promoting social enterprise and getting these young people integrated into work.
