11 Feb 2016
The cabinet minister who personally overruled civil servants to award the last £3m grant to Kids Company days before it collapsed has denied that he was “emotionally blackmailed” by the organisation’s founder Camila Batmanghelijdh.
The government will expand the National Citizen Service, its flagship youth volunteering scheme, to serve 300,000 participants a year in 2020, at an estimated cost of £1.1bn over the course of the Parliament.
The Public Accounts Committee has called on the government to undertake a “fundamental review of how it makes direct and non-competitive grants” to charities, which would include the development of a register to identify those receiving large amounts of funding.
A social investment fund should be set up to cover the costs of mergers in the charity sector, trustees heard earlier this week.
A Commons committee has announced it will take evidence tomorrow from audit firms which had contact with collapsed charity Kids Company, and has published a raft of written evidence from people involved with the charity.
Charity Finance was (and is) a truly proper read for anyone working in this industry. It was like Daniel himself - decent, informative, full of integrity and with a sprinkling of humour to lighten the load.
MPs have criticised auditors PwC, PKF Littlejohn and Kingston Smith for not scrutinising Kids Company properly and missing key indicators during their dealings with the charity before it folded.
A raid on the Big Lottery Fund money would be hated by every single MP, says Dan Corry, chief executive of NPC.
Sir Stephen Bubb has said he will write to the Co-operative Bank after it emerged that the bank will close several charities' accounts after reviewing its "risk appetite".