Qualified advisers answering your
Financial Questions
call 0800 092 1245

Charities under pressure after public-sector spending cuts

Dame Suzi Leather has today spoken out on behalf of UK charities which are set to struggle in the short to medium term with donations well down and the UK government set to cut back on budget spending. A number of major charities have already been forced to merge or scale down their operations since the credit crunch and traditional donations have actually fallen through the floor up leaving many charities on the verge of financial ruin.

While the Conservative party will put charities at the centre of its "big society" pledge it is unlikely that there will be any additional funding for the charitable sector in the short to medium term. This has also prompted a number of poverty campaigners to speak out on behalf of low-income families who are struggling to make ends meet in the current environment.

The charity sector in the UK has grown significantly over the last 20 or 30 years and it has to be said that a number of government initiatives have assisted with this. However, as the recession continues to bite and more and more people are struggling to make ends meet, charitable donations appear to be the last thing on the minds of many in the UK.

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:

Latest News


Helpful new tax year facts that could affect you and your money

Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.

Read more

Useful Links

Popular Searches

Please Enter More Details

Enter More Details