Only a few days to go: We’re raising £25,000 to keep TheyWorkForYou running and make sure people across the UK can hold their elected representatives to account.Donate to our crowdfunder
Four UK banks have agreed to invest £200 million into the big society bank subject to its business plan and on a commercial basis.
Now that the outline proposal for the BSB has been agreed by Government, negotiations are under way on the terms of the investment. The banks are committed to investing in a way that is compatible with the big society bank's mission is to help grow a sustainable social investment market and achieve returns against a double bottom line of social and financial impact. The exact terms of this investment have yet to be finalised.