Markets for the many
Markets for the Many
A new report by think tank Respublica has been launched in Westminster called "Markets for the Many: How civic finance can open up markets and widen access". The report was part-sponsored by the Association of FInancial Mutuals.
Recommendations from the think tank report include that the Government should ease the capital ratio requirements on building societies and encourage them to lend to small businesses; allow financial mutuals to raise extra capital to increase competition within the insurance sector; and introduce a Community Reinvestment Act in the next Parliament to maximise lending to our deprived communities.