Chancellor, Rishi Sunak, has announced that the Government will provide £750m to charities to keep them afloat during the COVID-19 pandemic. Many charities have been struggling financially due to enforced shop closures leading to reduced income. Aid will go to small and large charities helping the vulnerable.
Reactions to the announcement have been fairly uniform—it is a helpful first step but more needs to be done. Over recent years, the Government has been accused of undervaluing or not recognising the contribution the sector makes to people’s lives and the economy more generally. Although the sector’s umbrella bodies and leaders, in particular NCVO’s Karl Wilding, have at last been heard by the Government, it seems the Government still doesn’t really understand the sector.
Financial support for charities during the coronavirus (COVID-19) pandemic is available to read on the LexisNexis website via subscription.
Andrew is a partner in the charity and social business team advising charities, social enterprises, trade associations and other membership and not-for-profit organisations on a wide range of charity and company law issues and commercial matters. His expertise include constitutional and governance matters, commercial and service delivery contracts, mergers and incorporations, grant funding arrangements, joint ventures, collaborative working arrangements and reorganisations.
Rachel is a trainee solicitor in the charity and social business team. Before joining Russell-Cooke in 2018, Rachel worked as a senior paralegal in the charity & social enterprise department of a London firm.