The issuer of a bond funding UK community projects is negotiating with the Inland Revenue to try and...
The issuer of a bond funding UK community projects is negotiating with the Inland Revenue to try and secure tax breaks for the product. The Boost City and East London Employment Bond, issued by charitable industrial and provident society CityLife, is one of the UK's largest privately funded social investment initiatives. The bond aims to pump £50m into London's most deprived areas ' Hackney, Tower Hamlets and Newham ' creating up to 8,000 jobs for unemployed people, supporting existing small businesses, establishing up to 1,000 new businesses, regenerating housing and community facilitie...
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