£600 million for Big Society plans

David Cameron
Prime Minister backs new charity funding Credit: PA

A multi-million pound fund to help finance David Cameron's Big Society plans will be launched today.

Big Society Capital has £600 million pounds, from dormant bank accounts and the main High Street lenders, to invest in charities and social enterprises.

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Big Society bank launched

A £600 million fund to help finance David Cameron's Big Society agenda has launched. Big Society Capital uses a mixture of money from dormant bank accounts and the main High Street lenders to fund investment in charities and social enterprises.