The Pimco boss who thinks philanthropy has a PR problem Banking John Studzinski may be one of the City’s most senior bankers, but he is arguably best known for his exploits beyond the Square Mile and Wall Street; namely in the space of philanthropy. Ali Lyon talks to him about his aims to reshape the way people think about ‘giving’, and why he doesn’t like the [...]
Third sector warns wealth tax will hit philanthropy Wealth A wealth tax of the sort reportedly being considered by the government would leave a multibillion-pound hole in charities’ finances and jeopardise the work they are able to carry out, third sector bosses and economists have warned. According to John Canady, chief executive of the National Philanthropic Trust UK, the rumoured levy targeted at households [...]
Britain should prioritise global philanthropic capital, foreign investors say Politics A group of overseas philanthropists has identified the UK as one of the most fertile places to invest for impact, and the hope to see social investment prioritised ahead of the budget. In an open letter seen by Morning Wire, six foreign investors labelled the UK a leader in science and innovation, highlighting “the virtues [...]