Skip to content
Search

Latest Stories

London City Corporation’s charitable funder gets first Indian origin chairman

INDIAN origin businessman Dhruv Patel elected as the chairman of the City Bridge Trust Committee last week.

The founder of the City Hindus Network is the first ever black, Asian, and minority ethnic (BAME) to reach the helm of London’s biggest independent grant provider.


Patel, 35, is also an elected member of the City of London Corporation since 2013.

He replaces Alison Gowman, who served her full three-year term.

City Bridge Trust is the funding arm of the City of London Corporation’s charity, Bridge House Estates, making charity grants of £20 million a year to tackle disadvantaged communities across the British capital.

Dhruv Patel, chairman of the City of London Corporation’s City Bridge Trust Committee, said: “…it is a great privilege to be in the leadership role of one of the UK’s most important supporters of civil society. Together we will continue to help give all London’s communities the opportunity to thrive, and give young people, in particular, the best possible start in life.”

Patel was awarded an Order of the British Empire (OBE) in the 2018 Queen’s Birthday Honours for voluntary service to the British Hindu community.

The British Indian has business interests in property, retail pharmacy, and the London insurance market.

City Bridge Trust has awarded around 8,000 grants totalling over £400m since it started its operations in 1995.

More For You

PayPal

PayPal has introduced three membership tiers with higher tiers offering up to 50 per cent additional points value and access to exclusive experiences.

iStock

PayPal relaunches in UK with new loyalty programme and debit card

Highlights

  • Free loyalty programme offers 1,000 points worth £10 to spend at checkout.
  • New debit card earns 10 times more points than standard payment methods.
  • PayPal Credit expands to in-store purchases with physical and virtual cards.

PayPal has relaunched its services in the United Kingdom with the introduction of a free loyalty scheme and its first consumer debit card, marking a significant shift from purely online transactions to in-store payments. This comes nearly two years after it restructured its operations there following Brexit.

The digital wallet provider unveiled PayPal+ today, a loyalty programme now available to nearly 30 million UK customers before rolling out globally. Members earn points on purchases made online and in physical shops using PayPal balance, linked cards, or Buy Now Pay Later options.

Keep ReadingShow less