Richard Fuller
Main Page: Richard Fuller (Conservative - North Bedfordshire)Department Debates - View all Richard Fuller's debates with the Ministry of Justice
(11 years, 7 months ago)
Commons ChamberIn April we will launch a justice data lab, which will allow all kinds of organisations involved in the issue to access data on reoffending so that they can be clear about the effectiveness of their work. We will do everything that we can to help them identify that impact in a way that encourages them in the role that they intend to play.
17. One consequence of payment by results is that it creates working capital problems for many charitable and voluntary organisations. Social impact finance is one solution to bridging that working capital gap. What conversations has the Secretary of State had with Big Society Capital and others about promoting social impact finance in that area?
I have met personally with representatives of Big Society Capital and other organisations in the social finance sector. I believe that this is an enormous opportunity for the sector, and I want it to be involved in the work that we are doing. Combining the skills of the voluntary sector with the social finance sector could play a powerful part in what we are trying to achieve.