David Cameron said a new £600 million Big Society fund would be used to help tackle the country's "deepest social problems".
The Prime Minister claimed the money would help "smash away" the "patronising assumption" that small charities cannot do big things.
The initial capital for the fund will be an estimated £400 million in unclaimed cash from bank accounts dormant for more than 15 years and £200 million from Barclays, Lloyds, HSBC and RBS.
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Arkansas has become the first US state in 17 years to carry out back-to-back executions after putting two inmates to death.
Up to three million children risk going hungry over the school holidays, with increasing numbers of families relying on food banks, MPs say.
Tuesday will be a cold and windy day across the British Isles with a mix of sunshine and showers.