Little good news for charities in 2013 Spending Review

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June 27, 2013 at 09:11

There was little cause for optimism for the charity sector in the Government’s 2013 Spending Review, with a few niche giveaways overshadowed by more details on planned welfare reforms and further cuts to local government. What’s it all about? The 2013 Spending Review divided up a pre-determined amount of spending between departments for the 2015/16 financial year, aiming to make total savings of £11.5bn on 2014/15. It also outlined future changes to ‘annually managed expenditure’, which is made up largely of welfare and debt interest payments and accounts for just over half of total government expenditure. This round of cuts […]

Delayed reaction: what difference do Budget measures make to charities?

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April 3, 2013 at 11:27

As we toured the country last week, meeting over 200 charities to discuss Budget 2013, we were met by experts and charities that were, on the whole, underwhelmed by the contents of the red box. Top-line concerns stemmed from the macro-economic outlook, with the overarching narrative continuing to be one of austerity and restrained growth.  Fiscal neutrality, government cuts, erosion of real wages, low interest rates, variable inflation, and a shift to unconventional monetary policy tools – unfamiliar concepts five years ago – are now increasingly embedded as part of the ‘new normal’ as the country pushes forward with Plan […]

Autumnal colour or a wintery chill?

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December 5, 2012 at 19:25

This year’s Autumn Statement – the Government’s opportunity to set out its stall for the months ahead and to respond to the latest growth forecasts – does little to reinforce our confidence in the economy and outlook for charities and those they support who are vulnerable. In an otherwise stormy sea, the only beacons of light for charities themselves were the headline grabbing cancellation in planned fuel duty rises, the reference to a forthcoming consultation on extending Gift Aid to cover digital platforms, and the additional spend on the Gift Aid Small Donations Scheme over the next 5 years (as a […]