The government is working with the Big Lottery Fund on interim arrangements that will enable the Big Society Bank to make investments as soon as money becomes available from dormant accounts in the summer, even though European Commission approval is still being sought for the Bank.
Citizens Advice is hoping that most of the 900 jobs it was expecting to cut will be saved as a result of the government's commitment to continue the Financial Inclusion Fund for another year.
The National Council for Voluntary Organisations has launched a seven-point action plan aimed at saving the Big Society concept in the face of "bad press".
The government has appointed Conservative MP Charlotte Leslie and Conservative parliamentary candidate Shaun Bailey as ambassadors for the Big Society agenda.
Prime Minister David Cameron has announced a range of measures to help small businesses and charities effectively compete for "billions of pounds" of central and local government contracts with larger firms.
The £200m pledged to the Big Society Bank by the UK's high street banks as part of Project Merlin will be provided on a normal commercial lending basis, meaning the banks will earn a profit on it.
CFDG has asked HMRC to extend the small charities exemption from iXBRL to trading subsidiaries of these groups.
In other news...
Impact Coalition 'under review' by Acevo Acevo is struggling to put the Impact Coalition on a sustainable financial footing and is planning to review its patronage of the project.
The Charity Technology Survey is your chance to input into the most comprehensive analysis of IT, accounting and CRM software in the charity sector, and win £100 in the process.
The Department for Communities and Local Government is considering turning the £70m Communitybuilders Fund, run by Social Investment Business into an endowment. Sir Stephen Bubb, chair of the Adventure Capital Fund, also run by Social Investment Business, welcomes the news.
Charity Finance is an invaluable tool that will help you stay informed not just about key finance, tax and accounting developments, but also wider issues like public service delivery, social enterprise and public benefit as well as the latest technical and legislative information.
LinkedIn debate
Have your say on the Big Society debate in the Civil Society LinkedIn Group. All views welcomed.