011: Empowering the North - A Conversation on Financial Inclusion and Community Wealth Building

Welcome to ‘This Is The North’ Podcast, your source of transformative conversations. An intentional challenge to the systems holding back the North of England. Hosted by Alison Dunn, an award-winning charity chief executive and former solicitor. This podcast is supported by Society Matters Community Interest Company and is dedicated to curating and sharing knowledge, powering the change we need from a more equal and inclusive society.In this episode of 'This is the North' podcast, host Alison Dunn, supported by Society Matters Community Interest Company, engages with Andrew Haig (CEO of Newcastle Building Society), Nancy Doyle-Hall (Executive Director of the Virgin Money Foundation), and Emma Black (Co-founder of GB Bank and CEO of Cascade Cash Management) to discuss the role of financial institutions in supporting economic development and wealth creation in local communities, especially in the north of England. The conversation explores how these institutions contribute to a more equal and inclusive society, the significance of financial literacy, and their initiatives to support low-income individuals and small businesses. The panellists also discuss future plans for engaging with local government and not-for-profits through devolution to address economic disparities, aiming for a fairer distribution of wealth and a more inclusive financial environment.Timestamps: 00:00 Welcome to 'This is the North' Podcast00:39 Introducing the Panel: Voices from the Financial Sector03:29 Exploring the Role of Financial Institutions in Community Development05:45 The Impact of Financial Institutions on Social Change and Economic Equality08:48 Challenges and Opportunities in Purposeful Leadership and Social Impact17:48 Collaboration and Community Engagement: A Path to Financial Literacy and Inclusion25:07 Discussing the British Reluctance to Talk About Money30:34 Empowering Individuals in Financial Decisions31:10 The Simplicity of Switching Financial Providers31:54 The Importance of Trust and Accessibility in Finance32:41 Maintaining High Street Presence for Financial Services33:11 Innovative Approaches to Community Banking34:17 The Role of Community Spaces in Financial Institutions36:14 Supporting Communities Through the Virgin Money Foundation36:55 Spotlight on Local Organizations Making a Difference41:09 Enhancing Financial Returns for Charities and Schools43:16 Future Plans for Addressing Wealth Inequality49:22 The Potential of Devolution to Address Economic Disparities57:36 Concluding Thoughts on Community and Economic DevelopmentEnjoyed the podcast? Subscribe now, and together, let's empower our communities for a brighter, more equitable future.Alison Dunn (Host)Andrew Haig (Guest)Nancy Doyle-Hall (Guest)Emma Black (Guest)Peter Bell (Producer)This podcast was recorded and produced by Purpose Made, dedicated to powering societal change through knowledge sharing. Hosted on Acast. See acast.com/privacy for more information.