13 Nov 2014
The director of Golden Lane Housing, the issuer of the first charity bond to be listed on the London Stock Exchange, has said that despite recent criticism of charities using social finance it can be a useful tool for the sector.
The Nationwide Foundation has invested £262,500 towards the Community Land Trust Fund, an initiative providing affordable homes to people priced out of their communities in which they were brought up.
The government has announced a cap on voluntary sector regulation, promising that all new rules must be made on a “one in – one out” basis.
A third of active charities have no funding in reserve, while the median reserve level for charities which receive government funding is just one month of expenditure, according to research by NCVO.
Congratulations to the RNLI - this only goes to prove that working on long term (and short term for that matter) legacies really pays dividends in the end.
Oxfam and WWF have been forced to apologise to the government of Saudi Arabia after staff members attending a UN meeting broke the country’s name plate, put it in a toilet bowl and circulated photos around the convention centre.
The Department for Education has ordered charities to halt spending on advertising and marketing in order to get the most out of grants.
The Legal Services Commission plans to cut its contract with the Greater Manchester Immigration Aid Unit by 70 per cent – a move that is fiercely opposed by the Unit’s director.