Initial results for first social impact bond

The Peterborough Prison Social Impact Bond, launched in 2010 as the first such bond in the UK, has published its initial results. A ten per cent reduction in re-offending was needed to trigger a payment to investors at this stage, but it achieved 8.4%. This rate still means a later payment will be due, if it continues.

A choice of articles for more – from Pioneers Post or Civil Society Media