Tag: Foreign Office

The press release issued by Foreign Office on 7 March 2023.

Statement by Lord (Tariq) Ahmad of Wimbledon at the UN Security Council open debate on women, peace and security.

May I begin by first thanking you Madam President, and thanking Mozambique for taking the lead in our important and vital discussions today and setting our sights on the 25th anniversary of Resolution 1325. And in doing so, I join others in recognising the insightful, valuable and expert contributions of Sima Bahous, Executive Director of UN Women; Mirjana Egger of the ICRC; my dear friend who I see on screen, Madame Diop, it’s always great to see you and hear from you as well; and of course, the inspirational Leymah Gbowee for their contributions.

Madam President, colleagues, your Excellencies. Peace and security mechanisms must be built upon the needs of everyone, of all people, everywhere. And they must be shaped by the voices of all people. Indeed, those were the founding principles of the very organisation in which we sit today, the United Nations.

This Council, this Security Council, knows that mediation, conflict prevention and resolution have proven more successful time and time again when they are inclusive. They work better. They last longer when women are central to peace and building progressive societies. The evidence is there staring us in the face. Yet it is an undeniable fact. Here we sit in 2023 and we are seeing tragically, a stagnation of the women, peace and security agenda and a regression in women’s rights around the world. As we were most notably reminded, it’s not just through the barrel of a gun, but as Ms. Lema Govey reminded us, it is a shared denial of women’s rights, be they economic, social or educational.

We are seeing concerted efforts to weaponise gender and attempts to weaken the international system and destabilise the principles and fundamentals of democracies around the world. For our part, the United Kingdom resolves to not just protect, but to strengthen gender equality. And this should remain an absolute commitment for us all. I therefore call upon colleagues and nations here to stand together against the rollback of fundamental human rights, when the rights of women and girls are pivotal and central to a society’s and country’s progress and prosper.

The United Kingdom is therefore committed and we are passionate to see and ensure progress on women, peace and security in all its aspects. I was delighted that only last month we launched our fifth National Action Plan, which sets out how we will ensure that we put women at the centre of conflict resolution peacebuilding programmes over the next five years. It is a new plan, a reinvigorated plan for a new global context. Colleagues have listed the tragedies of conflicts around the world – from the suppression of the rights of women in Iran and the tragedy of the Taliban takeover in Afghanistan, where we’ve seen the Taliban’s suppression of the rights of women and girls using the false narrative and the erroneous narrative of trying to justify their abhorrent actions through religion and culture.

Let us be absolutely clear in what we say.

There is no religion, no culture which calls for the suppression of women’s rights.

The Taliban should realise this – face up to the reality – that it is only their country’s progress will be guaranteed when the rights of women and girls are secured in all their elements.

We also see the suppression through conflict of the rights, through the tragedy of war. The rights of women. The weaponising of rape as a weapon of war in conflict such as Ukraine. The war on Ukraine continues.

The rights of women continue to be suppressed in other areas, such as Tigray and Yemen, where conflicts continue. We also see the regression of women’s rights, but therefore it is important. We also recognise, as we are doing at this CSW, that these threats are not just limited in country.

There are transnational threats such as climate and cyber as well. But it is not only our commitment overseas, we are embedding the same principles of ensuring women are central and pivotal to all the solution, every facet of society in our democratic domestic systems, military cooperation and international diplomacy.

Frankly, every country that talks this narrative together, we need to walk the walk if we want to make genuine progress by 2025. One of the key objectives of our new plan is to prevent gender based violence, including conflict related sexual violence, and importantly, to support incredible, courageous survivors to recover and seek justice to rebuild their lives.

As the UK Prime Minister’s Special Representative Representative for Preventing Sexual Violence in Conflict, I was honoured and humbled to host our recent conference back in November, which demonstrated a sustained international resolve to end these heinous crimes.

We saw 53 countries come together and the Special Representative of the Secretary General, Pramila Patten, signed the political declaration. 40 countries made tangible national commitments on steps they intended to take. The truth is, it’s a fundamental fact, a tragic fact, that in 2023, sexual violence in conflict is real. It is happening. Therefore, I was delighted my dear friend and colleague, the UK Foreign Secretary James Cleverly announced a new three year PSVI (Preventing Sexual Violence in Conflict) Strategy backed by over £12 million of new funding to build accountability and justice around the world. And looking ahead, it is important that we hold ourselves to account through the new International Alliance, which I’m delighted to announce on Preventing Sexual Violence in Conflict, which will bring together leading Member States.

And I’m delighted that we are also joined at the Security Council by my dear friend, the Deputy Minister from Colombia, who again, as we were reminded by the Minister from Ecuador, had made great strides on this important agenda.

And therefore, I call upon all nations here, present and colleagues join us, join us together in strengthening this alliance to ensure that those incredible courageous survivors of sexual violence are not just given a voice, but are pivotal and central in building our international strategy to ensure that we prevent sexual violence in conflict.

We ensure that accountability is inherent and that we fully engage with survivor voices.

I ask governments to embed survivor voices in their own peacebuilding systems. We’ll be glad to share our experiences. And for me personally, through working with these incredible survivors, it has demonstrated that through their direct input, their direct action, our policies and programmes are directly impacted in a most positive way, enriched by their experience and their valuable advice and courage in speaking out.

Colleagues, Madam President.

23 years on from Resolution 1325, we must not resolve just to stabilise and strengthen rights. We should work to ensure that we put women at the heart of every conflict resolution. We put women at the heart of building stability and security around the world.

Let us not look back in another 23 years to say that we squandered the opportunity. Indeed, I know we will not. We owe it to those who have suffered in the past, to those women and girls who are suffering today.

We must not let this incredible opportunity pass us by.

And to all the incredible women and girls around the world who suffer at the hands of repressive, regressive regimes, we must act. We must act now.

Simply put, it is our duty. It is our obligation. Thank you, Madam President.

The press release issued by the Foreign Office on 7 March 2023.

Statement delivered by the UK’s Ambassador to the WTO and UN in Geneva, Simon Manley, for Item 2 General Debate.

The press release issued by the Foreign Office on 7 March 2023.

Dr Richard Montgomery CMG has been appointed British High Commissioner to the Federal Republic of Nigeria in succession to Ms Catriona Laing CB who will be transferring to another Diplomatic Service appointment. Mr Montgomery will take up his appointment during April 2023.

Curriculum Vitae

Full name: Richard Hugh Montgomery

Married to: Naheed Bilgrami

Children: Two

Date	Role
2018 to 2022	The World Bank Group, UK Executive Director, Washington
2015 to 2018	Department for International Development (DFID), Director, Asia, Caribbean & Overseas Territories (AsCOT) Division
2013 to 2015	Islamabad, Counsellor (Development) and Head of Office, DFID Pakistan
2009 to 2013	Abuja, Counsellor (Development) and Head of Office, DFID Nigeria
2006 to 2009	DFID, Deputy Director and Head of Corporate Human Resources, and Head of Security, East Kilbride
2005 to 2006	DFID, Deputy Team Leader, Top Management Group
2002 to 2005	Lusaka, Deputy Head, DFID Zambia
1999 to 2002	Dhaka, Senior Social Development Adviser, DFID Bangladesh
1996 to 1999	New Delhi, Social Development Adviser, DFID India
1993 to 1996	Swansea University, Lecturer in International Development, Centre for Development Studies
1992 to 1993	Manchester University, Research, Institute for Development Policy & Management
1992	GKW Consult Mannheim, Sociologist
1988 to 1991	University of Cambridge, Doctorate (Ph.D) in Social Anthropology

The press release issued by the Foreign Office on 7 March 2023.

Statement delivered by the UK’s Ambassador to the WTO and UN in Geneva, Simon Manley, on behalf of the Sri Lanka Core Group.

The press release issued by the Foreign Office on 7 March 2023.

Rita French, the UK’s Human Rights Ambassador, delivers a statement on the report of the Commission on Human Rights in South Sudan.

Thank you, Mr President.

We welcome the report of the Commission on Human Rights in South Sudan whilst deeply regretting its conclusion that the human rights, humanitarian and security situation in South Sudan remains dire and of urgent concern.

We are particularly concerned by instances of sub-national violence across South Sudan as well as reports of government intimidation, harassment, illegal arrest and arbitrary detention of civil society actors and media workers.

Mr President,

While we recognise some positive progress made by the Government of South Sudan and the National Legislative Assembly, it is clear that the end goal of a just and lasting peace in South Sudan – based on the full respect for human rights, full implementation of the Revitalized Agreement, and full operationalization of the Chapter V transitional justice institutions – is still very far away.

Bearing all this in mind, and while South Sudan’s own capacity to provide tangible human rights scrutiny is yet to be realised, we believe that the only credible response by this Council can be to extend the Commission’s mandate for a further year.

Commissioners,

We welcome your convening of a multi-stakeholder conference on transitional justice in South Sudan in late February. What conclusions did you draw from this?

Thank you.

The press release issued by the Foreign Office on 7 March 2023.

Rita French, the UK’s Human Rights Ambassador, delivers a statement on behalf of the UK on the report from the Group of Human Rights Experts on Nicaragua.

The press release issued by the Foreign Office on 7 March 2023.

The UK’s Permanent Representative to the UN in Geneva, Ambassador Simon Manley, delivered this statement during the 2023 Rohingya Joint Response Plan.

Let me begin by expressing my heartfelt appreciation to the Honourable Prime Minister Sheikh Hasina, State Minister Shahriar Alam, and the Government of Bangladesh. You have generously hosted one million Rohingya refugees for over 5 years. I would also like to express our gratitude to our humanitarian partners that are providing vital assistance, including, High Commissioner and Director-General, you, your staff and the volunteers on the ground.

As we enter the sixth year of the crisis, a long-term solution for the Rohingya people remains frustratingly out of reach. The UK remains deeply concerned by the worsening situation in Myanmar, which means that the conditions for the Rohingya to return are not in place. The High Commissioner for Human Rights set out that situation just yesterday across town in the Human Rights Council, just as the DG did here this morning: military attacks on the civilian population up nearly 400%. Over 600 villages torched by the junta’s troops. A staggering 17.6 million people in need of humanitarian assistance. Since the February 2021 coup d’etat, we have provided over £100 million in humanitarian support in Myanmar, including for the Rohingya and other Muslim minorities.

In December, as the State Minister mentioned, the UK led efforts to secure the first ever UN Security Council Resolution – UNSCR 2669 – on the situation in Myanmar. That Resolution stresses the need to address the root causes of the crisis in Rakhine State and create the conditions necessary for the voluntary, safe, dignified and sustainable return of Rohingya refugees.

We also continue to do all we can do to support the Rohingya whilst they remain in Bangladesh – providing £345m since 2017. The UK Minister for the Indo-Pacific, Anne-Marie Trevelyan, will visit Bangladesh just this week to see in person the effect of our support for the humanitarian response. And we welcome this year’s JRP, in particular the inclusion of the skills development framework, and roll-out of the Myanmar curriculum. These are vital to help prepare the Rohingya for their eventual return to Myanmar.

We well understand the challenges the Government of Bangladesh faces in managing this protracted crisis, including security, environmental and economic impacts. The tragic fire just this weekend in Cox’s Bazar, leaving thousands of Rohingya without shelter, just adds to that challenge.

And we are deeply troubled by the trajectory for 2023, and the fragility of the situation set out so graphically today by the High Commissioner and the UN Resident Coordinator. As the High Commissioner said, we face unparalleled global humanitarian need – a situation exacerbated of course by Russia’s ongoing war against Ukraine – and the global response is under unprecedented strain. This has been highlighted by the first food ration cut for Rohingya refugees since 2017. There is a real risk that refugees, including the extremely vulnerable, will not receive the full range of basic assistance they so desperately need, as the UN Resident Coordinator set out this morning.

The UK sees an urgent need to work pragmatically with your Government, State Minister, taking account of your concerns about the impact of the Rohingya refugee presence, to find a sustainable way forward that:

• Offers the Rohingya more self-reliance, and less dependence on humanitarian aid;
• Ensures that we achieve maximum effect with every pound, euro or dollar we spend; and
• Supports a safe and secure environment for refugees.

International Financial Institutions must play an important role in helping to meet the needs of all refugees and support the host community in Cox’s Bazar. We hope the dialogue with them continues, and stand ready to contribute to creative solutions.

Let me end by reiterating the UK’s commitment to the Rohingya while they are in Bangladesh, and the communities that do generously host them, and to working with you all to resolve the underlying causes of this tragic crisis.

Thank you.

The press release issued by the Foreign Office on 7 March 2023.

During the 52nd session of the UN Human Rights Council, Rita French, the UK’s Human Rights Ambassador, delivered a statement on the situation in Myanmar.

The press release issued by the Department for Education on 7 March 2023.

New, more flexible system introduced to empower adults to upskill or retrain throughout their working lives.

People across the country are set to benefit from a complete overhaul of student finance, helping them get flexible loan funding to train, retrain and upskill throughout their working lives.

The Lifelong Loan Entitlement (LLE) will empower more people to study in a way that works for them, opening up opportunities for those that might have never considered higher education. This could help them balance training or studies alongside other commitments such as childcare or financial commitments, which will revolutionise social mobility and plug skills gaps.

Under the world-leading plans published today, the Government has confirmed that from 2025, people will be able to access loans worth the equivalent of four years of post-18 education (£37,000 in today’s tuition fees) under the LLE and use them flexibly over their working lives to suit their circumstances – transforming the student finance system.

The loan can be used to pay for full or part time study, for a variety of courses – from degrees to Higher Technical Qualifications, and including modules. Like a flexi-travel card, it allows people to jump on and off their learning, as opposed to having a ticket with a single destination.

Students will be able to keep track of their studies and see how much funding they have left in a personal account, and access information about the courses and modules they can spend it on. This will be available online, and operate much like a bank account.

Maintenance loans will also be available for students studying many more technical and part-time courses, including modules of courses for the first time. This will set the system on a par with traditional full-time study and open up new study and training opportunities for people from all backgrounds.

People who have previously studied will also be able to access this student finance, based on student loans they’ve already taken out. And under the new system, returning students will be able to study at an equivalent or lower level than they previously studied – something that the current system does not allow. For example, thanks to the new rules, from 2025, someone who previously had taken out a student loan to study a history degree will now be entitled to finance for a Higher Technical Qualification in Software Development.

The overhaul will not only empower people to learn throughout their lives and offer greater opportunities for learning, but enable workers to retrain and upskill to meet the needs of the cutting-edge industries and high-paid jobs of the future.

Education Secretary Gillian Keegan said:

I know first-hand the benefits of lifelong learning, having retrained and upskilled numerous times in my journey from apprentice to Education Secretary.

Lifelong learning is critical to career progression, helping to fill skills gaps and boost the economy, which is why this overhaul to our student finance system is so important.

The Lifelong Loan Entitlement will give people flexibility to study, train and upskill throughout their working life, in recognition that careers aren’t linear. In doing so, it will facilitate a complete culture shift in the way further and higher education is viewed and who it is available to.

The LLE will replace the previous student finance system from the start of academic year 2025/26.

In the consultation response published today, the government confirmed:

• People up to age 60 will be entitled to the LLE, equivalent to £37,000 in today’s fees, including returning students who will have access to any remaining funding once previous student loans are taken into account. For instance, this means that people who studied a three-year degree will still be entitled to one year’s worth of funding, which could be used to fund another short course or module.
• To encourage as many people as possible to retrain or return to study later in life, the “Equivalent or Lower Qualification (ELQ) exception rule” will also be removed. Previously, people could not return to study at an equivalent or lower level of qualification than they had already received. Under the new system, anyone wishing to retrain or study at an equivalent or lower level will have finance available to do so. As technological advancement ushers in a new era of work, the LLE will ensure changing paths is as easy as possible, or support people to upskill in their current career.
• To put technical study on a par with academic routes, maintenance support will be expanded to be offered across all eligible technical and part-time courses the LLE will fund, and offered for new modules of courses too.
• To make student finance as simple as possible, and to increase the number of options available to people, Higher Technical Qualifications will also be funded through the new system. These are technical qualifications at level 4 and 5 (between A level and degree level) which provide essential skills needed for careers from software engineer, to nursing, to data analyst. Under the LLE personal account, HTQs will sit side by side with academic routes, transforming the way these qualifications are viewed.
• The LLE will provide funding for new modules of courses, which will be introduced in stages: first for Higher Technical Qualifications and some technical level 4 and 5 qualifications from launch in 2025, before expanding to further level 4, 5 and 6 qualifications from 2027. Modules must be part of a full course so they can be stacked towards full qualifications if people wish, with studying picked up and put down throughout people’s working lives as it suits them.
• Students who have completed modules will receive a standardised transcript, in order to facilitate the transfer of credits.

Vivienne Stern MBE, Chief Executive, Universities UK said:

A more flexible approach to higher education funding is right for learners, right for employers and right for providers. Universities UK welcomes the direction of travel set out today and will be examining the detail over the coming days.

The removal of ELQ requirements and the expansion of part-time maintenance support should be celebrated and will help new and returning people access the courses they need to thrive. If we get the communication out to learners right and keep the burden on providers low, then the Lifelong Loan Entitlement has the potential to be truly transformative.

Jane Hickie, Chief Executive Officer, Association of Employment and Learning Providers (AELP) said:

AELP warmly welcomes the Department for Education’s response to the Lifelong Loan Entitlement consultation. The measures set out in the response really do have the potential to revolutionise the way in which adults access skills provision throughout their lives.

In particular, the development of lifelong learning accounts will help empower much greater choice for adults deciding how and where to undertake their future training needs. We are also pleased to see the introduction of maintenance support covering provision at Level 4 for the first time – as this will help more adults with the costs of living while retraining. Furthermore, the relaxation of the equivalent or lower qualification rules also represents an important step forward. This will provide learners with extra flexibility that has already been successfully used in apprenticeships to enable adults to develop additional skills in a rapidly evolving, fast-paced economy.

We look forward to supporting these vital changes as the Lifelong Learning (Higher Education Fee Limits) Bill makes its way through parliament.

Edward Peck, Vice-Chancellor and President, Nottingham Trent University said:

The Lifelong Loan Entitlement will transform the way in which every adult in England can engage with higher education, including those who have never done so before. It will redefine what it means to say you have been to university.

This will benefit individuals, employers, and society as people enhance their skills and productivity by studying courses in flexible ways that fit both their ambitions and their circumstances. Universities now need to rise to the opportunity by delivering programmes that enable leaners to make the most of this bold and innovative approach to funding fees and maintenance.

David Hughes, Chief Executive of Association of Colleges (AoC) said:

The Lifelong Loan Entitlement (LLE) has the potential to be a game-changer, as an important part of a stronger system of lifelong learning in England, so it is good to see the Bill and this publication. I hope that this heralds the beginning of a major cultural shift in England to change thinking about post-18 education and training. With people working for over 50 years amidst enormous technological and societal changes, flexible, modular learning needs to become more mainstream.

The Bill and this publication address some of the technical challenges of implementation, including the capacity of the Student Loan Company and the definition of modules. Beyond that, though, we need to see more thinking about how LLE fits into the whole tertiary education offer, including FE and apprenticeships, at every level and particularly at Level 3 and below, because demand at Level 4 depends on pathways for adults to take form lower levels.

Whilst the need for a lifelong learning culture is clear – with an ageing population, a lack of people with technical skills needed by employers, technological change and the need to move rapidly to a net zero economy, we need a whole system approach to ensure every adult has the capacity, motivation and opportunities to carry on learning throughout their lives at all levels. The LLE might help with that, but on its own it will not be sufficient to change the behaviours and priorities of the vast majority of people who believe that achieving a Bachelor’s degree is the gold standard.

Alex Hall-Chen, IoD Principal Policy Advisor for Sustainability, Skills, and Employment said:

The Lifelong Loan Entitlement has the potential to transform how individuals access training across their lifetimes, and we welcome the additional clarity provided by the government’s consultation response. In particular, enabling funding for individual modules as well as full courses, and removing ELQ restrictions to accessing funding, will support learners to access the training they need to train, retrain, and upskill throughout their working lives, helping employers to access the skills they need.

Professor David Latchman,Vice Chancellor of Birkbeck University of London said:

This year Birkbeck is celebrating its 200th anniversary as a specialist provider of lifelong learning ,so we welcome the announcement of the Government’s detailed LLE proposals which will support people to learn throughout their lives.

The Government’s excellent proposals will for the first-time place lifelong learning at the centre of our education system as is essential to meet the changes in the skills needed in today’s world.

We particularly welcome the abolition of the ELQ rule that currently prevents people from securing a loan to cover tuition fees for courses at a level equivalent or lower than those they hold already, even though these courses are essential for their future career development.

Clare Marchant, UCAS Chief Executive said:

Several hundred thousand adult learners sign up to UCAS every year. The lifelong learning entitlement offers an opportunity to dramatically expand lifelong learning and boost adult skills.

We look forward to working with government, as we are on apprenticeships, to ensure all courses under the LLE are available on ucas.com and showcased alongside the high quality, personalised careers advice UCAS is well known for.

To help ensure LLE is a success for learners, UCAS stands ready to be a national record of achievement where learning credits can be kept alongside careers advice for adults. We will also work closely with universities and colleges to help with credit transfers, allowing learners to pick and choose credits at different places.

Jamie Cater, Senior Employment Policy Manager at Make UK, The Manufacturers’ Organisation said:

As UK manufacturing becomes more technologically advanced and environmentally sustainable, higher-level technical skills are increasingly in demand by employers. A crucial part of manufacturers developing a more resilient workforce for the future will be ensuring that their employees can access the right options for upskilling and retraining throughout their careers. The introduction of the Lifelong Loan Entitlement is an important step forward in enabling this to happen – we welcome today’s commitment to introducing the LLE and look forward to continuing to work with the Department for Education to make it a success.

Alex Proudfoot, Independent Higher Education’s CEO said:

We welcome confirmation of the Lifelong Loan Entitlement, a policy which should herald a new era of innovation, flexibility and diversity in the choices available to students at all ages and stages of their lives.

The proposals for 2025 finally introduce parity in the funding system between our high quality degree offer and hands-on technical qualifications.

Industries across the UK are crying out for new recruits with cutting-edge skills, and they can’t always wait for degrees to catch up. Independent providers specialise in more flexible approaches to connecting students of all ages with the knowledge and skills they need to get ahead in their career.

This innovation has always come naturally to these education pioneers, but they have been waiting a long time for funding policy to catch up. Now it has.

To prepare for 2025, and to help more people access Higher Technical Qualifications or Higher Technical education, the government has made £20 million available to support around 80 colleges and universities across England. The funding will be used to support providers to deliver courses in areas such as digital, health & science and engineering and will ensure more people can access the right training to support them into work.

The press release issued by the Foreign Office on 7 March 2023.

£76 million tied up in forgotten accounts to be used to support people to get out of debt and assist social enterprises with innovative energy saving solutions.

• Dormant Assets Scheme redirects money from forgotten accounts to good causes
• £76 million will go to those struggling with the cost of living, including through no-interest loans
• In England, Scheme is being expanded to include community wealth funds, pots of money that will allow local residents to improve their communities

The most vulnerable people in society will be given additional support to deal with the cost of living, as £76 million tied up in forgotten accounts is unlocked.

The cash will support people to get out of debt and assist social enterprises with innovative energy saving solutions.

Beneficiaries include no-interest loans for 69,000 individuals struggling with finances via a £45 million grant distributed by Fair4All Finance, and hundreds of charities and social enterprises which will receive support from a pot of £31 million, distributed by social investors Access and Big Society Capital. This will be used to retrofit premises with cleaner, greener, and more efficient energy systems, such as new boilers or heat pumps, solar panels, and new lighting.

Dormant assets are financial assets left untouched for long periods. Led by the financial services industry and backed by the government, the Dormant Assets Scheme aims to reunite people with these lost funds. Where this is not possible, it can be transferred to the Dormant Assets Scheme to be distributed to important social and environmental initiatives.

The Dormant Assets Scheme unlocks money from forgotten bank and building society accounts, and will soon include further assets from the insurance and pensions, investment and wealth management, and the securities sectors.

An estimated £738 million more will be made available over time thanks to the expansion of the Scheme to the new sectors.

Since 2011, £892 million has been released via the Scheme. In England, dormant assets money has been used to support young people, help those in financial difficulty, and generate social investment.

The government is also today announcing that community wealth funds will become an additional beneficiary of the Dormant Assets Scheme. A community wealth fund is a pot of money distributed to communities in deprived areas and released over a long time period, with local residents empowered to make decisions on how to use the money.

To ensure that local decision-making sits at the heart of a community wealth fund, the government will shortly launch a public consultation to gather public and industry views on the overarching design of this important new initiative.

Youth, social enterprises, and people in financial difficulty will continue to be supported, with previous beneficiaries including community centres and charities providing care for the socially isolated and elderly.

Culture Secretary Lucy Frazer said:

“Today we are announcing that millions of pounds will be redirected from dormant accounts to help the most vulnerable in society deal with the cost of living.

“This will have a real impact on people’s lives, help alleviate debt and provide money saving solutions for charitable organisations.”

DCMS Minister Stuart Andrew said:

“The public consultation on dormant assets funding provided people with the opportunity to name how money that will be unlocked should be spent, and I’m delighted to announce our plans to introduce a community wealth fund as a new cause.

“The creation of a community wealth fund will give local residents in some of the more deprived areas of the country the power to improve where they live and invest in what’s important to them.”

David Knott, Chief Executive, The National Lottery Community Fund said:

“As the distributor of dormant assets, The National Lottery Community Fund sees first-hand the life changing difference this funding makes. I welcome the Government’s plans to include community wealth funds alongside existing causes. This reflects The National Lottery Community Fund’s experience of funding and supporting communities over decades. I look forward to turbo charging efforts through this expansion. ”

Jane Hanson, CBE, Chair, Reclaim Fund Ltd and Dormant Assets Expansion Board  said:

“The Government’s announcement on future dormant assets funding comes at a particularly important time given the pressures on so many households. Thanks to the collaborative efforts of the Dormant Assets Expansion Board, which brings together industry, government and regulators, the Scheme is now poised for expansion, which could result in £880 million in additional dormant assets funding to good causes across the UK. Reclaim Fund Ltd is making the final preparations to launch the expanded Scheme and we look forward to welcoming participants from the insurance and pensions sector, followed by other sectors, including investment and wealth management, later this year.”

Kirsty Cooper, Champion for the Insurance and Pensions sector and Group General Counsel and Company Secretary, Aviva said:

“I’m delighted with the Government’s new announcement on future dormant assets funding. The expanded Scheme will help to make a real difference to the lives of those people who need it most across society, freeing up millions of pounds at a time when financial hardship is a real cause for concern, and I welcome the news that financial inclusion will receive additional funding to support this.”

Reclaim Fund Ltd is making the final preparations to launch the expanded Scheme. This will welcome the first participants from the insurance and pensions sector in the coming months, with other sectors joining later this year.

The Dormant Assets Scheme has supported many projects across the country already. These include:

• Following the pandemic, Chanctonbury Community Leisure in Storrington, West Sussex were provided with a £50,000 grant and £100,000 loan from CAF Venturesome which was partly used to install a new 3G pitch. This has become a major community asset with 20 local teams training each week on the facility, including a new girls’ football team and women’s football and rugby teams.
• Supported by Big Society Capital, The Greater Manchester Homes Partnership have enabled 355 of Greater Manchester’s homeless people to be housed.
• Youth Futures Foundation has supported 802 young people in the Greater Manchester region with employability skills, including through the Manchester Deaf Centre, which helps children and young people who are deaf, deaf/blind, or children of deaf adults and have experienced increased isolation due to Covid-19.
• Fair4All Finance has committed £25 million to the Affordable Credit Scale Up Programme, which is projected to help triple the availability of affordable credit to approximately £900 million by 2025.
• Big Society Capital committed £8.5 million to Black Country Reinvestment Society, which invests in local enterprises, such as Miss Macaroon, a social enterprise which reinvests 100% of its profits into helping unemployed young people gain employability skills.
• Access’s Growth Fund supported 41 projects across the Liverpool City Region with £3.7 million investment. This includes support for Homebaked, a co-operative bakery and community land trust based opposite Liverpool FC’s Anfield stadium, enabling them to meet growing demand through the development of a dedicated catering unit with specialised equipment and freeing up space in their own kitchens for classes for local children.