SocietyGuardian.co.uk | Voluntary sector | Unclaimed cash should fund charity bank, says commission: "nclaimed cash should fund charity bank, says commission
Phillip Inman
Tuesday July 11, 2006
The Guardian
A new financial institution using billions of pounds of 'orphan assets' could help charities operating in some of Britain's poorest communities, a government-backed group will say tomorrow.
The Commission on Unclaimed Assets, set up last December with the backing of Gordon Brown, will say that a fund of at least £400m and possibly several billion pounds should be made available for groups working to tackle poverty to buy IT services or financial advice."
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