The Big Issue is one of the UK's leading social businesses and exists to offer homeless people, or individuals at risk of homelessness, the opportunity to earn an income and integrate into society, giving them a "hand up, not a handout". We have advised the Big Issue Group on several important matters over the years, across a variety of its impact areas.
For example, a team of lawyers from across our London charities, corporate, data protection and charities practices advised Big Issue Group on a transformative transaction that unifies all frontline activities within The Big Issue Group for the first time. The transaction – a charity merger and transfer of assets from another charity – created a combined team that, working from a newly formed community interest company that we helped to establish, will extend the reach of Big Issue's services.
Another example, is our work with Big Issue Invest, the impact investment arm of the Big Issue. We have not only advised Big Issue Invest on investment work, such as its investment in ethical lettings agency Homes For Good, but we have also provided Big Issue Invest with data protection advice in connection with its role in the National Lottery's Social Enterprise Support Fund (SESF). SESF was a partnership between leading charities (UnLtd and School for Social Entrepreneurs) and leading social enterprise investors and support agencies (BII and Resonance), which saw the joint delivery of financial support to other charities and social enterprises struggling with inflation and cost-of-living pressures. Through SESF, BII and its partners unlocked substantial government funding that they administered to charities and social enterprises requiring financial assistance. Our role evolved from initially advising BII on the data protection aspects of the arrangements to acting jointly for BII and UnLtd, leading the drafting for the SESF documentation. We helped structure the arrangements in an efficient manner to unlock critical funding without unnecessary administrative burdens.

Founder of the Big Issue, Lord Bird and CEO of Big Issue Group, Paul Cheal speak to HSF employees at an event chaired by London Finance Partner, Joy Amis.