The use of collaborative social investment funding for charities by charitable foundations and private sector organisations has been commended in a Cabinet Office report into achieving social impact at scale.

The Garfield Weston Foundation has reaped a £42m benefit from the profit rise of Wittington Investments, the holding company of the Weston family which is behind businesses including the Primark retail chain.

Lloyds Banking Group is to commit a further £1m annually to the Bank of Scotland Foundation from 2014, which will double the sum it already gives.

The trustees of a charity launched by Jimmy Savile have advised that his estate has been frozen as victims of his alleged abuse seek damages, preventing the distribution of funds from the charity as it winds up.