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 […]

#volsecbudget 2015 – CFG Live Blog

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July 8, 2015 at 09:12

09/07/2015 – 19:16 – AF This afternoon I attended the IFS post-budget briefing. Given the scale of the changes introduced it covered a lot of ground in a relatively short amount of time so will I provide a more detailed update later. But for now, I am going to briefly summarise the key issues that I think are relevant to charity finance. I do also recommend that you take a look at the materials available on their website. The opening remarks made by director of the IFS, Paul Johnson, neatly provides the IFS’s over-arching narrative: that it is hard to see […]

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 […]

The real picture – what can we learn from the Whole of Government Accounts 2013-14?

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March 30, 2015 at 17:17

Are you a government spending anorak? If so, I am sure that like me you spent all night reading through the Whole of Government Accounts (WGA) 2013-14 which was published last Thursday. WGA consolidates the audited accounts of around 5,500 organisations across the public sector, to produce a comprehensive, accounts based picture of the financial position of the UK public sector. They are different from the National Accounts, because they use the International Financial Reporting Standards that charities and private sector bodies often use. So the WGA includes future spending to meet current obligations, PFI liabilities, pension liabilities and the […]

Budget 2015 – Missed opportunities and targeted giveaways

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March 18, 2015 at 14:56

The Chancellor has sat down, the media are pouring over the budget documents looking for stories to come out of the figures, but what has been the impact of the Budget for charities? A slight easing of austerity Looking at the overall picture, it seems clear that the impact of austerity is not going be significantly reduced at the start of the next Parliament, but will be a lot lighter towards the end. Ignoring the effect of inflation, this Budget has seen an easing of the cuts. In 2016-17, the Budget implies that the amount available to spend for departments […]

#volsecbudget – What should charities look out for?

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March 17, 2015 at 10:51

Tomorrow will mark the last Budget of this Parliament, and already a great deal has been trailed in the media from inheritance tax cuts to raising the personal allowance. Charity Finance Group coordinated a letter with other sector bodies at the start of the month to ask the Chancellor to tackle a number of issues such as Gift Aid, Gift Aid Small Donations Scheme, VAT and capacity building for the sector. But what should charities be looking out for tomorrow when the Mr Osborne stands up at 12.30 after PMQs? Here are a few things that we think may interest […]

Can charities help end the ‘pushmi-pullyu’ of local government spending to support prevention?

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March 16, 2015 at 09:14

The recent Joseph Rowntree Foundation report on ‘The cost of the cuts: the impact on local government and poorer communities’ makes for fascinating reading. There is a lot of analysis and statistics on how the frontloading of government spending cuts on local government have hit services and communities, as well as the voluntary sector. While there are a number of worrying issues highlighted by this report, from the point of the view of charities and the sector’s finances, the most worrying was the squeeze on spending on preventative services and the lack of capacity of local authorities to undertake full […]

Fog of uncertainty makes post-election planning difficult for charities

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February 4, 2015 at 14:20

Today the Institute for Fiscal Studies unveiled its Green Budget 2015. The Green Budget is an attempt by the IFS to analyse the impact of spending cuts, tax rises and other policy decisions of the government and parties. It is well worth of a read (though perhaps not all 300 pages of it!), but I think that there are three key messages for charities. 1)  Government spending with charities is likely to be squeezed by more than we think There has been a lot written about the impact of government spending cuts on the sector over the past few years, and […]

Vision for sector post-2015. What did the politicians have to say at the CFG Annual Conferece?

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May 19, 2014 at 17:13

Following our overwhelmingly successful Annual Conference last Thursday, back at CFG-HQ we are now digesting the political nuggets that were debated in our closing plenary by the Minister for Civil Society (Nick Hurd) and Shadow Minister (Lisa Nandy) for Civil society, a key Lib Dem peer (Baroness Barker), the outspoken Rt Hon Margaret Hodge, Chair of the Public Accounts Committee and the CEO of NCVO, Sir Stuart Etherington. A year out from the next General Election, we asked them to tell us what they saw as the key issues that will face the sector post-2015, giving us the perfect insight […]

Managing in a Downturn Report Reflections….

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April 11, 2014 at 15:08

Yesterday saw the launch of the seventh ‘Managing in Downturn’ report – a survey series that we have run in partnership with the Institute of Fundraising and PwC since the start of the economic downturn in 2008. The launch event itself was a lively affair with reflections of the findings from: Andrew Sentance, PwC’s Chief Economist; Mark Astarita, the IoF Chair; and our own Jane Tully. Highlights included Andrew Sentance’s weather map of the global economic outlook for 2014 (sunny intervals for the UK!) and Mark Astarita’s optimism that the baby boomer generation’s large capital assets will have significant implications […]