Does the charity sector have a problem with women?

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November 9, 2015 at 16:37

Last week there was some good news for women looking for high-powered careers in the city, as it looks like all-male FTSE 100 boards have been confined to the dustbins of history, where they belong. Whilst we should take a moment to recognise this positive step in the right direction, there is not the time for complacency.

Targeted giveaways risk creating a hierarchy of charities

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August 28, 2015 at 17:58

Successive budgets over the last and current parliament have introduced targeted giveaways to charities through both Libor fines and VAT rebates. These funds have gone to selected organisations including military charities, rescue services, and youth organisations. Whilst this funding is very much welcome to those charities that receive it and their beneficiaries, such giveaways are becoming a worrying trend and risk categorising the sector into worthy and less worthy organisations, as deemed by the government of the day. Charity is personal… Simply put: a person’s decision whether or not to donate to charity and which cause to support will come down […]

What do we do with a problem like LGPS?

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August 5, 2015 at 09:58

The Local Government Pensions Scheme (LGPS) has received some welcome attention in review of the scheme’s deficit management carried out by PWC. CFG believes that Direct Benefit schemes are a “ticking time bomb” for the charity sector and the LGPS certainly adds to the problem. The latest figures show that the number of members paying into the scheme has stagnated at around 1.6 million people. At the same time, the proportion of LGPS members claiming their pensions now, or are no longer paying into the scheme but are eligible for payments the future, has increased from 58% in 2009/10 to […]

What’s the risk? Implications of the summer budget for housing associations

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July 22, 2015 at 11:00

The CFG team have recently been thinking about risk – risks in supply chains, cyber security risks and so on – and it is risk that forms the focus of this month’s Economic Outlook Briefing which will be published on 28th July. In the publication, my colleague Andrew O’Brien highlights that charities are particularly affected by government policy. Reading his article got me thinking about two particular policies introduced in the Summer Budget delivered by the Chancellor earlier this month: the extension of Right to Buy (RtB) to housing association properties and the reduction in social housing rents. Housing associations […]

Welfare and employment dominate the Budget: What does this mean for charities?

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July 8, 2015 at 14:59

So we didn’t do that well with our bingo card – only ‘long term economic plan’, ‘£9 minimum wage target’, ‘fixing the roof whilst the sun is shining’ and the name dropping of a charity came up. Whilst the budget report does not have a section dedicated to the charity sector, there are a number of measures announced that will have an impact on charity finance which I will outline here. Keep an eye out for our briefing which will be posted on our website in due course. Profile of the cuts £17 billion of cuts were announced in today’s […]

What can charities expect from Wednesday’s Budget? #VolSecBudget

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July 6, 2015 at 17:37

It seems like only yesterday that we were getting ready for the last Budget, but this Wednesday the Chancellor will deliver the first Conservative Government Budget for nearly 20 years and charities will be watching with interest. If the spending pattern follows that of the previous Parliament, we may well see a frontloading of cuts into this Budget as Osborne seeks to make significant changes early on. Whilst charities will not directly be a focus, there is still plenty to look out for in terms of impact on people that rely on charity services and the sector’s funding environment. You […]

How much do we know about PbR?

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June 19, 2015 at 18:16

Today the National Audit Office (NAO) have published their report on the Government’s use of Payment by Results (PbR). I have drawn out some of the key points of relevance to charities. Contracts are an important source of income for charities Charities play a key role in supporting people and communities.By being close to their service users, charities often have a unique perspective on their needs and how to adapt services to meet those needs. My colleague Andrew O’Brien has written previously on the growing consensus that charities can play a key role in delivering preventative services. In this way, charities are […]

What’s the latest data on charity sector income and expenditure?

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June 10, 2015 at 10:26

The UK Civil Society Almanac 2015 is here and as ever provides a wealth of valuable data. I’ve had a read through and drawn out what I think are some of the key findings for people interested in charity finance.