Peter Barton FCA
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View all peoplePublished by Peter Barton on 18 May 2020
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Last updated 18 May 2020
The charity and not-for-profit sector was, to a certain extent, left out of the Government’s various aid packages announced when the COVID-19 pandemic began. In early April, whilst recognising that the proposed package would not be sufficient to match every pound of funding that will be lost due to this pandemic, Rishi Sunak, the Chancellor of the Exchequer, pledged £750 million to the sector, in addition to the general business measures that already help charities.
The £750 million is targeted to help frontline charities across the UK, specifically including hospices and those that support domestic abuse victims.
The Government’s hope is that tens of thousands of charities will benefit from these cash grants, enabling them to meet increased demand as well as continuing their normal day-to-day activities.
The Government will work “at pace” to identify priority recipients, with the aim of such charities receiving financial help in the coming weeks. The hope is that the application system for the National Lottery Community Fund grant pot will become operational within a similar timescale.
This announcement in April by Rishi Sunak built on previous announcements, including:
The Chancellor concluded his speech with the following words:
“Two short weeks ago I spoke of the need for kindness, decency and the sort of neighbourliness that is at the heart of these charitable and community efforts. The normally invisible connections between us have, in recent weeks, become more apparent. For most of us, we spend our lives oblivious to these connections, these bonds, and how our behaviours, however small, can have a dramatic effect on others.
But these bonds are not invisible for our local charities.
These connections might be hard to see, but they are there, and they are strengthened by our compassion for others. Charities embody this like no other organisation. And their lesson is that the simplest acts have the potential to change lives. At this time, when many are hurting and tired and confined, we need the gentleness of charities in our lives.
It gives us hope. It makes us stronger. And it reminds us: we depend on each other”.
These words sum up the charity and not-for-profit sector perfectly. Keep up the good work!
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