The NCVO has warned that a hung parliament would mean charities are unlikely to be able to take long-term decisions due to “incredibly insecure” coalition arrangements.

In a short guide outlining what will and could happen in the event of such a scenario after today's election, the umbrella body argues: “If an administration can be formed it’s likely that any arrangements could be incredibly insecure.

“Businesses, local authorities and charities are likely to be unable to take long-term decisions due to the large degree of uncertainty.”

It adds that a coalition could end up governing for around two years as, partly for financial reasons, parties will be unwilling to fight another election so soon.

On the plus side, the document suggests that the pace of legislation could slow down significantly, offering the opportunity for more scrutiny and influencing.

It adds that the sector should not disengage in the expectation of another election because: “If we want our issues to be counted and taken forward we will quickly have to position ourselves within the political agenda regardless of political persuasion.”