Charity Sector Cost of Living 2023-03-09

2023-03-09

TAGS
Response quality

Questions & Answers

Q1 Partial Answer
Context
The question addresses the growing financial strain on charities due to rising costs and increased demand for services. The MP highlights a study indicating that 36% of consumers plan to reduce charitable donations in the near future, potentially leading to a £580 million loss for charities.
What assessment has she made of the impact of increases in the cost of living on the charity sector? Research shows that up to 36% of consumers will cut their charitable donations in the next three months, which may see charities lose up to £580 million. What recent assessment has been made regarding the economic viability of charities amid these challenges?
The hon Lady is absolutely right to raise this issue; it is one reason that I have made sure that I am continually engaging with the sector to understand exactly what the situation is and how it is dealing with it. There has been significant support in the past and I continue to talk to colleagues across Government about how we can help. This week, as a result of the dormant assets scheme, £76 million has been allocated specifically to address cost of living problems.
Assessment & feedback
The MP asked for specific steps the government will take but only mentioned ongoing engagement and allocation of funds without concrete commitments or timelines.
Response accuracy
Q2 Partial Answer
Context
The question addresses the growing financial strain on charities due to rising costs and increased demand for services. The MP highlights a study indicating that 36% of consumers plan to reduce charitable donations in the near future, potentially leading to a £580 million loss for charities.
What assessment has she made of the impact of increases in the cost of living on the charity sector? Research shows that up to 36% of consumers will cut their charitable donations in the next three months, which may see charities lose up to £580 million. What recent assessment has been made regarding the economic viability of charities amid these challenges?
The hon Lady is absolutely right to raise this issue; it is one reason that I have made sure that I am continually engaging with the sector to understand exactly what the situation is and how it is dealing with it. There has been significant support in the past and I continue to talk to colleagues across Government about how we can help. This week, as a result of the dormant assets scheme, £76 million has been allocated specifically to address cost of living problems.
Assessment & feedback
The MP asked for specific steps the government will take but only mentioned ongoing engagement and allocation of funds without concrete commitments or timelines.
Response accuracy