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<p>The Treasury has not made an assessment of community benefit societies’ access
to banking. However, the RBS alternative remedies package will see a £775m investment
in business banking facilities, helping businesses benefit from greater choice and
offers on banks’ services. Community benefit societies may also find it helpful to
know that the UK Finance website hosts an online guide to help small businesses prepare
when opening or switching to a new business current account. This can be found here:
https://business-account-opening-guide.ukfinance.org.uk</p><p> </p><p>The government
recognises the important role of community benefit societies and other forms of social
enterprise, which tackle some of the most challenging problems our society faces.
In January 2018 DCMS announced £135m allocated to social investment, which social
enterprises will benefit from. The Civil Society Strategy, published in August 2018,
sets out a long term vision to build stronger communities by bringing business, charities
and the public sector together.</p>
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