Asian Leader_312 e-edition | Page 6

Asian LEADER 06 Asian LEADER 06 41Jan -- 17 Dec 2014 Dec 14 Jan 2013 Unveiling of Power list marks 2014’s Council sets up £1m fund 101 leading British Asians to tackle poverty L ast week The Deputy Prime Minister Nick Clegg, attended a gala olton Council the event, which unveiled has approved honourGG2 Power List 101 a series of measures as ing teenage activist Malala Yousafzai part of a £1m fund with the number to tackle one spot. poverty. In Power List, compiled The February 2013, the council Asian Media and by The set aside £1m from the budget to be (AMG), Marketing Group spent on anti-poverty top 101 and features the measures most carried out in-depth reinfluential Asians in the UK, search from all reasons for ranging on the walks of life. poverty and debt amongst Now in its third year, the list residents of the borough. honours some notable BritFollowing the research, ish Asians who hold power the influence not just in and council has now approved but also globally. Britain, a series of measures aimed at both supportinglist Malala tops this year’s an individual orin raising awarefor her work family in immediate need; but empowerness for female also aimed at putting in place an who ment. The teenager, infrastructure to prevent Nobel was nominated for thepeople getting to a earlier this year, Peace Prize point of crisis or need. is recognised for her courFirstly, the council aims age and bravery in the face of to set up As a powerful and adversity. a high street presence, along spokesperson, influential with the Bolton credit union, Hoot, offering with the ability to reach out B the purchase of white goods derwritten by the council at an affordable price and and the household goods rate of interest. The coun- will be supplied under excil’s research showed that isting arrangements already many residents were getin place for the council’s ting into debt by purchassupported housing service. ing household appliances The council has allocated from a high street chain of£300,000 for the delivery of fering monthly payments at this high street offer, which high rates of interest. When is expected to take several they were unable to make months to develop. the repayments, residents The council will be allocatwould often then take a furing £90,000 to support local ther loan from a payday loan food banks, which are facing company, creating further increased demand, as many debt. residents now rely on these The aim is that residents banks to fill in shortfall in who apply to the council’s their weekly budget. The Local Welfare Provision Fund funding from the council will for assistance with the purprovide administrative supDeputy PM Nick Clegg with Shazia Ramzan and Kainat Riaz chase of Power List Unveiling port to allow all three food at the GG2household goods would be directed to Money banks in the borough to Skills for financial advice, List alone sees some vital function and provide a disto global audiences as well and then will be given