As part of a coalition of civil society organisations, CFG is warning government that without greater investment, 'the charity sector that emerges from this crisis will be considerably reduced in size and scope'.
The warning comes as part of the Never More Needed coalition's submission to the government's Comprehensive Spending Review (CSR). It explains how the charity sector is playing a crucial role in helping communities to tackle the Covid-19 crisis.
However, charities - which contribute more than £18bn to the economy ever year - are now under enormous pressure. Recent research by the coalition shows that UK charities are facing a £10.1bn funding gap in 2020, but have seen demand for services rise to the equivalent of £3.4bn.
To strengthen the sector and to enable it to play an even greater role in the government's 'levelling up' agenda, the coalition has submitted a number of proposals, including:
- Strengthen long-term financial sustainability of local authorities with additional core government funding.
- Establish a UK Shared Prosperity Fund that invests in employment and skills programmes aimed at addressing economic inequalities within and between communities.
- Unlock and invest stranded assets in community revival and develop a Community Wealth Fund.
To find out more, download the full submission.
For further enquiries, email the Policy & Communications team.
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