It comes as no great surprise that the third sector can see the writing on the wall ahead of Osborne’s October Spending Review. Crucial in offering support to the most vulnerable people in society, and often to those who have slipped through the welfare safety net, charities are increasingly worried about the impact of spending cuts and the correlating reduction in grants and funding.
Charity leaders’ confidence in their organisation’s financial situation stand at an all-time low according to a Charity Forecast Survey published today.
Sir Stuart Etherington, chief executive of National Council for Voluntary Organisations, said: “It is crucial that the government listens to the sector’s concerns. Spending cuts must be managed intelligently, otherwise they will compromise the sector’s ability to deliver vital services to the individuals and communities who need them most.”
http://www.ncvo-vol.org.uk/news/funding/charity-leaders-confidence-all-time-low