Finance Innovation Lab (@TheFinanceLab) header
Finance Innovation Lab (@TheFinanceLab) profile picture

Our vision is a financial system that serves people and planet - one that is democratic, sustainable, just and resilient.

London
Joined March 2010
Finance Innovation Lab retweeted
🧵What does #Budget26’s £20.4bn capital boost for the National Wealth Fund & British Business Bank mean? It could be a step towards reshaping the UK’s financial system to deliver affordable clean energy, good jobs & growth in every postcode. Here’s why & what needs to happen next
1
3
5
369
Finance Innovation Lab retweeted
Why do people on the lowest incomes often pay more to borrow? Today at midday we're joining Fair By Design in their new #PovertyPremium Deep Dive webinar series to find out, and to explore what needs to change. More information and sign up - bit.ly/3TOczDB
2
4
104
Finance Innovation Lab retweeted
Too many small businesses still struggle to access the finance they need to grow. CDFIs are stepping in where mainstream lenders fall short. A #FairBankingAct could help scale their role and widen access to fair, affordable credit. #FairBankingForAll thetimes.com/article/6e7d3ee…
1
2
71
Finance Innovation Lab retweeted
Small businesses are being pushed into high-cost debt because too many cannot access fair, affordable finance. @thetimes shows why we need a #FairBankingAct to hold lenders accountable and make sure businesses can access the credit they need to thrive. thetimes.com/article/8f494c9…
1
1
93
Finance Innovation Lab retweeted
I’ve coordinated a letter to the Chancellor, signed by @LabourParty & @CoopParty colleagues, calling for a Fair Banking Act to ensure people & viable businesses can access affordable finance wherever they live. Good growth in every postcode needs fair access to finance.
4
5
2
13
2,401
Finance Innovation Lab retweeted
The Energy Transition Council's 'paradox of progress' - the transition is moving v slow despite cheap clean energy. I'd argue this is about relative financing costs - govts need to make clean financing cheap & fossil fuel financing expensive. energy-transitions.org/publi…
2
370
Finance Innovation Lab retweeted
With the UK’s first Labour and Co-operative Prime Minister, and a commitment to double the co-operative & mutuals economy, there’s a real opportunity to strengthen local economies & get more investment into communities. A #FairBankingAct can help deliver it. #FairBankingForAll
The commitment to double the size of the co-operative and mutual economy means handing power directly to people in their own communities. Labour and Co-operative MP @andrewpakes_ asked the Government today how Whitehall will deliver on that ambition.
1
3
161
Finance Innovation Lab retweeted
Barclays made £3.3bn profit last quarter alone. UK community lenders, who reach the small businesses banks turn away, lent just £181m in the whole of 2025. Gareth Thomas MP wants Barclays, Santander and HSBC to each put in £10m, and a Fair Banking Act to make sure they do.
1
7
13
971
Finance Innovation Lab retweeted
Today in @thetimes: Former business minister wants Barclays, Santander and HSBC to each provide £10 million to ‘help unlock economic opportunity in areas that need it most’. @gareththomasMP #FairBankingForAll thetimes.com/article/a9b16da…
1
4
195
Finance Innovation Lab retweeted
Low-cost loans for solar panels could save households hundreds on bills - our research with @TheFinanceLab in the Guardian. theguardian.com/environment/…
This summer's intense sunshine could be powering our homes. But most households can't afford to install their own solar panels. The Solar Saver scheme would change this. From @NEF and @TheFinanceLab 1/5
1
1
989
Finance Innovation Lab retweeted
Thank you @gareththomasMP & @APPGbanking for combining Charlotte’s lived insight with policy & regulatory expertise to discuss next steps in access to #AffordableCredit. @Fair4AllFinance @TheFCA @_CallumAnderson @TheFinanceLab #FairBankingforAll
4
6
158
Finance Innovation Lab retweeted
We're in Parliament today with @gareththomasMP - starting with hearing from Charlotte, who shared her experience on having to use high cost credit. #FairBankingForAll
1
2
79
Finance Innovation Lab retweeted
We're hiring! If you want to join a team that's passionate about delivering a fairer economy that works for people and planet (and you like the sound of a 32 hour work week), check out our latest vacancies: neweconomics.org/about/work-…
1
1
601
Finance Innovation Lab retweeted
At least £325 bn of dirty money flows thru the UK every year & a staggering £788 billion when UK linked territories such as Jersey and the Cayman Islands are included - our new report theguardian.com/business/202… @LaurieWoodiwiss @Naomi_Fowler @jboltonjones @AlexJacobs16
4
2
103
Finance Innovation Lab retweeted
We've been saying the UK has a big dirty money problem. Now we know how BIG! New research from our friends @TheFinanceLab has exposed that around £325 billion from financial crime, money laundering, corruption, illegal trade & tax dodging flows through the UK every year. 1/x
2
23
36
590
Finance Innovation Lab retweeted
We must keep the #CostOfLiving on the agenda. Yesterday, @gareththomasMP told the Commons “Millions of people and thousands of small businesses are locked out of #AffordableCredit” - and said the new Financial Services Bill could be a step toward fixing this. #FairBankingForAll
Today in Parliament, I highlighted @NIESRorg research showing the UK economy could grow by 3.5% with stronger mutual & community banking. Millions are locked out of affordable credit. Expanding credit unions & CDFIs could change that. @FBfACampaign @CoopParty @resp_finance
2
4
300