Labour plans new community bank
Author: The Guardian - Oct 19, 2009
A new bank that could help fund community groups and stimulate a stronger civil society is being examined by ministers as part of a drive to give more power to local communities, Liam Byrne, the Treasury chief secretary, will say tomorrow.
He is due to give a Progress lecture tomorrow evening at Kings Place, home of the Guardian, in a speech designed to reject David Cameron's claim that Britain now faces a choice between a big state and a stronger civil society.
Byrne will argue instead the two need to work together to combat the whirlwind of globalisation.
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