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Captain Tom Foundation inquiry: three key failings

A book deal, personal appearance and plans for a swimming pool were all criticised by the Charity Commission Captain Tom’s family personally benefited from charity they founded, report finds The Charity Commission’s report on the Captain Tom Foundation is highly critical of the conduct and actions of its founders, Hannah and Colin Ingram-Moore, who it said had directly and inappropriately benefited financially from their links to the foundation. Here are three examples of how the Ingram-Moores’ failure to manage conflicts of interest – not least between the foundation and their private company – constituted misconduct, mismanagement and what the commission called failures of governance and integrity. Continue reading... from The Guardian https://ift.tt/vqO0siW via IFTTT
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‘Unfair banking’ and ‘damaging’ financial rules harming UK’s small firms, MPs warn

Treasury committee says ‘debanking’ and use of personal guarantees for loans is putting small businesses at risk

Unfair banking practices and “damaging” financial regulators are harming small businesses and putting innovation and growth at risk, parliament’s Treasury committee has warned.

A report from the committee’s inquiry into access to finance for small and medium-sized enterprises (SMEs) said a lack of supportive policies were compounding problems for firms that had survived a “torrid” five years, which included the global pandemic and energy crisis.

“Confidence amongst SMEs in accessing finance has fallen and acceptance rates for business credit has lowered significantly,” the report said.

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