Contact Us
Voluntary Sector North West
St. Thomas Centre
Manchester
M12 6FZ
Tel: 0161 276 9300
Fax: 0161 276 9301
Email: info@vsnw.org.uk
Urban Forum proposals for banking reform
21 September 2009
For the last few months, Urban Forum has been leading calls for banking reform. The ideas have been refined into four specific proposals:
1. Support for communities – banks should be required to re-invest at least 1% of profits to support public benefit.
2. Responsible credit – it should be illegal for lenders to charge as much as they like for loans.
3. Disclosure – banks must publish information to demonstrate they are serving the needs of all communities, without discrimination.
4. Investment – banks must take steps to eliminate any discrimination in how they provide financial services through a Community Reinvestment Act.
The Treasury has published its plans for banking reform in a White Paper and is inviting responses to it until the end of September. You can reply as an individual or on behalf of a group or organisation. Send your response to: banking.reform@hm-treasury.gov.uk by 30 September.
There is more information about our proposals and actions you can take on the Urban Forum website
Featured Event
Open Public Services - Passage of a bill workshop
This VSNW/Parliamentary Outreach Service event will explore the stages that the bill would go through, their relative importance and ways to engage and influence
Featured News
Two days left to enter our case study competition - prizes up for grabs!
We are inviting local groups and local or regional infrastructure organisations from across the North West to submit ideas for Listen Value Invest 2012 case studies about their work and how they are adjusting to the new environment
Transforming Local Infrastructure Fund results announced
The beneficiaries of the £30 million fund to help transform and modernise local charity support services have been announced by Nick Hurd, Minister for Civil Society.
Relaunch of Voluntary Sector Cuts Website
The Voluntary Sector Cuts website has now been relaunched with additional functionality to enable VCS organisations to records cuts to funding and their effects
Events & Trainings
VSNW’s list of events & training opportunities for VCS groups in the North West
