Additional Information


Content

Charities to receive Government cash injection

LONDON - The Government is setting up a £45m fund to help charities that have been badly hit by the recession.

Share this article

Cabinet Office minister Liam Byrne said the majority of the funds would be used to help charities offering help and advice on employment, mental health and family support services in deprived areas in England and Wales.

The money will be predominantly split between two programmes. The first, Real help for communities: Volunteers, Charities and Social Enterprises will look to retrain people as charity volunteers.

The second programme, the Community Resilience Fund will provide £15.5m in funds for small and medium-sized charities.

Even large charities are struggling amid the downturn. At the end of 2008 Oxfam, Help the Aged and Cancer Research UK all said they were concerned about the falling number of donations entering their shops.

Oxfam, which has 730 stores, said people were failing to buy new clothes and becoming increasingly thrifty.

Additionally, many charities traditionally receive money from trusts that invest in the stock market. However the economic situation has also led to a fall in income from these sources.

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus

Additional Information

Latest jobs Jobs web feed

FROM THE BLOGS

The Wall blogs

Back to top ^