
| Work | Social Economy - all things social investment & community shares | Live | #Salford | All views my own |#socinv #comshares #socent
The North West. London a bit
Joined May 2013
- Tweets11.3K
- Following1.8K
- Followers2.7K
- Likes17.8K
Ged Devlin retweeted
Peter Alexander Jobson in session with Riley & Coe Tomorrow Wed 20.11.24 from 9pm x Get Some x Love Pete xx
Links to my music: peteralexanderjobson.co.uk/
Not seen a lot of coverage in the sector press on this, but just know @Hargraver would have had an angle! 👇🏻
Naomi Campbell banned from being charity trustee theguardian.com/fashion/2024…
Ged Devlin retweeted
'Halifax isn’t necessarily the most affluent area, and on paper this should just not work. But that’s why economists don’t organise live music events.' Could have been a car park. Thankfully it isn't @ThePieceHall. theguardian.com/uk-news/arti…
Replying to @sawatkiss @KeyFund
Loved the Homebaked case study, obviously!
Replying to @DevlinGed @keyfund
And a case study of @TheFlorrie also features!
Working with partners @KeyFund @TheSocialInvest & @resonanceltd we’ve been working on delivering the £300m fund improving local youth facilities across the country
There is a section on the Youth Investment Fund
Key Fund are proud to have allocated over £50m across 90 sites, predominantly in the North West, Yorkshire, and the Humber
The @KeyFund 2023 / 2024 Impact report is here - stats and figures behind Key Fund’s investments, as well as the people making a difference in their communities
#socinv combinestudio.dev/key-fund/
…. The evidence in this investigation meant that the level of misconduct and/or mismanagement was serious enough to warrant this action.”
The Charity Commission statement;
“As a fair, independent and evidence-led regulator, we only disqualify someone from serving as a trustee or a senior manager in a charity when the evidence gathered means it is proportionate and lawful to do so…..
Captain Tom’s daughter and her husband banned from being charity trustees theguardian.com/uk-news/arti…
Ged Devlin retweeted
Guardian reporting that Captain Tom's daughter has been banned from being a charity trustee.
Good moment to re-up this 3.5 years ago. It was trade press, as so often, which ignored the fawning and saw the failures.
civilsociety.co.uk/news/capt…
Q: Captain Tom Foundation: Why is there no decision on charity?
A: quite normal for complex or high-profile statutory inquiries to take longer than 2 years bbc.co.uk/news/articles/cxxx…
(Noted it’s not a direct comparison with direct, retail investment in charities and social enterprises, and why I’d still like to see a successor to SITR, one of the few policy interventions we’ve seen that was solely for the social economy in the past decade)
Ged Devlin retweeted
Replying to @DevlinGed
See also @nicktemple1 ‘s take here 👇🏻
I think it’s a great point on how @TheSocialInvest (and others) have used existing schemes to get cash to social enterprises, such as the government's guarantee scheme
Replying to @DevlinGed
It does seem such an odd rule, the risk-to-capital / asset backed stuff. And as ever, not much guidance so lots of arbitrary decisions
So if I remember correctly Dave ( & I might not be) they’d already removed Community Energy for SITR by the 2016 date, so it was a non-starter?
Replying to @dawsonjohn
I guess there was a consultation and slight stay of execution in that is was phased out rather than a hard stop, but agreed - a successor relief that’s based on an understanding of the underlying business models of the social economy would be a place to start?





