Sustenance from the City

Article Abstract:

The arrival of US banks into London's financial center in 1986 marked the beginning of sharply increased corporate sponsorship of the arts in the UK, and today business sponsors the arts there in the amount of at least 30 million pounds sterling annually. The Association for Business Sponsorship of the Arts has taken on new patrons and members, and has assumed responsibility for the UK government's Business Sponsorship Incentive Scheme (BSIS). BSIS donations can be claimed for tax relief by sponsors, and the government matches the money pound for pound up to 25,000 pounds. Sponsorship of the City of London Festival and of the visual arts is also described.

Finance, Arts, Charities, Community relations

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Promoting an awareness of corporate social responsibility

Article Abstract:

Corporate social responsibility is based on the belief that businesses should make a positive contribution to the communities in which they operate. Business in the Community is a limited company established by a few UK corporations in 1981 to work in collaboration with the UK government to help local communities. There are currently 200 companies participating in the BiC program. BiC has 12 regional offices throughout the UK whose staff members work with the local Enterprise Agencies. BiC has been involved in revitalizing inner city areas, job creation, and helping to provide affordable housing.

Social policy, Corporations

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Medical bills under the microscope

Article Abstract:

Public and private medical sector health care costs are rising in Great Britain again this year, with hospital accommodations now making up 53% of all medical expenditure. At least one public official has suggested that individuals be allowed to opt out of the National Health Service (NHS) in favor of private health insurance plans. The private sector is still small relative to the NHS, but has expanded to the point where almost six million people are covered in this way, or 10% of the population.

Medical care, Cost of, Health care costs

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