Request a free sample issue of Third Sector now.
Latest jobs
- Web & Publications Editor
- £18.08 per hour
- Contract Accountant
- £18 per hour
- Director of Resources
- £70000 to £75000 per annum
- Financial Controller
- £65000 to £70000 per annum
- Marketing Assistant
- £8 per hour
- PR Officer
- £22000 to £23000 per annum
- Interim Accountant
- £25 per hour
- Marketing Analyst
- £23000 to £30000 per annum
- Customer Promotions Manager
- £20 per hour
- Senior Individual Giving Fundraiser
- £30000.00-£30000.00
In depth
Nine global lessons
As charities the world over face similar challenges, what can the UK learn from abroad? David Ainsworth looks at bright ideas on subjects such as legacies, public service delivery and VAT
Opinion
Social stock exchange on the horizon
By Helen Warrell, Third Sector, 5 December 2007
Work is under way to create a stock exchange for UK social enterprises. Social investment experts Pradeep Jethi and Mark Campanale have established the Social Stock Exchange Ltd and plan to create a market aimed at enterprises with annual turnovers of more than £500,000 that have been trading for three years or longer.
Jethi, the project's chief executive, is to approach the estimated 300 UK social enterprises that qualify to ask if they will join and to canvass opinion. The study, endorsed by the Office of the Third Sector, should be completed by March.The sector needed a new finance facility, claimed Jethi. He said: "Lack of finance infrastructures is one of the inhibitors to the growth of the third sector, because it doesn't allow the use of capital to flourish."
Campanale said the scheme was already attracting interest. "We have just approached a small number of people in a focused way and they have indicated quickly that they are very inspired by the idea," he said.
There has been growing interest in a social stock exchange. In September, Oxford's Skoll Centre for Social Entrepreneurship proposed a transparent, ethical stock exchange to create liquidity and discourage speculation (Third Sector, 5 September). In the spring, Cabinet Office minister Ed Miliband met the Social Enterprise Coalition and Triodos Bank to discuss the idea (Third Sector, 23 May).
The Office of the Third Sector also endorsed an initial study by the Social Stock Exchange founders to consider how the exchange would operate.
New users register here FREE for full access
Sign up free to the all-new ThirdSector.co.uk and get:
- Daily breaking news The latest fundraising initiatives, campaigns, financial news, people moves and much more
- News by email Sign up to daily and weekly bulletins relevant to the fields that interest you
- Resource library A wealth of advice and tips to help you do your job better
- Archive A full, searchable archive of every article since 2002
- Analysis and comment Read what the experts and your peers think about current issues, and join the discussion
You are reading Third Sector Finance, the weekly bulletin that delivers the top stories affecting charity financial management, accounting, IT and commercial activities.
You must be logged in to make full use of all the site content and features.
