Royal Approval for Outstanding Business Performance

Staff and stakeholders of the organisation - including representatives from Shared Interest's overseas offices - gathered at Newcastle's Mansion House, the official residence of the Lord Mayor of Newcastle upon Tyne, for a formal presentation of what is the most prestigious UK award for outstanding business performance.

Lord Mayor Margaret Wood, Bishop of Newcastle the Right Reverend Martin Wharton and Newcastle Central MP Chi Onwurah were in attendance.

Lord-Lieutenant, Nigel Sherlock said: "It was a pleasure to present Shared Interest with their Queen's Award for Enterprise.

"Being selected as one of five Queen's Award winners in Tyne and Wear is recognition of the organisation's continued ethical and social motivation.  Shared Interest should feel very proud of this special achievement."

Shared Interest Society in Newcastle upon Tyne uses investment from UK residents to provide trade finance to fair trade businesses across the globe. It is the second time that the not for profit organisation has received the coveted Queen's Award in the Sustainable Development category.

Managing Director Patricia Alexander said: "Being awarded a Queen's Award for Enterprise for the second time makes this a very special honour.

"As an organisation we talk about trade not aid; we are about building sustainable livelihoods so that is why to receive such a significant accolade in the sustainable development category is so important to us.

"Since winning the Award for the first time in 2008, we have increased our overseas offices to four; adding one in Peru and another in West Africa. "We hope being a second-time Queen's Award winner proves to be a driving force in achieving our vision of a world where justice is at the heart of trade finance."