£800,000 available to Plymouth social enterprises

Social enterprises across Plymouth are being invited to apply for a share of a £800,000 pot of loans and grants to help their business flourish.

Plymouth City Council is launching another round of its innovative Social Enterprise Investment Fund and the successful bidders will be able to join a growing rank of organisations who have received capital investment to turn cracking ideas...

Government announces cap on payday lending

The Government has announced that it plans to introduce a new law capping the interest charges of payday loans.

The cap which has yet to be set will be decided by the Financial Conduct Authority (FCA), the new industry regulator.

The announcement marks a turnaround in policy as the government and the FCA have previously said that a cap was unnecessary.

The cap has been...