Trustee Exchange 2012
22 Feb 2012
Malcolm Hayday has announced his intention to step down from Charity Bank, the social finance institution that he helped to set up ten years ago.
Tackling youth unemployment should be a priority for all sectors, says Acevo CEO Stephen Bubb, as a new report by the Commission on Youth Unemployment warns that the issue has reached “emergency point”.
An independent investigation into alleged financial irregularities at Charity Business has revealed that the company raised no fixed-fee invoices for the period May to September 2011 until October, meaning it failed to declare around £50,000 of output VAT in the correct VAT period.
Minister for employment Chris Grayling has confirmed that official statistics on the Work Programme, including referrals data, will be published for the first time on 21 February 2012.
The Co-operative Bank has reaffirmed its commitment to provide charity credit cards following last week's announcement by Lloyds Banking Group that it will stop providing them at the end of February.
Charity Business founder and CEO Mark Freeman was sacked by the board of the parent company in October following an auditors’ investigation into alleged financial irregularities, and has since lodged a claim for unfair dismissal.