Charities – Fundraisers benefit from finance deal

The voluntary sector is to benefit from a ‘new deal’ which will help charities maintain their independence while also delivering public services for the government.

Developed by the Home Office and a voluntary sector working party, the deal outlines a commitment to strategic, multi-year finance and to building local ‘compacts’ to promote better relations with local authorities and other public spending bodies.

‘The compact, with its commitments to reducing the financial insecurity many charities can face through strategic, multi-year funding, is robust and will support the sector’s work,’ said the National Council of Voluntary Organisations’ chief executive Stuart Etherington.

The voluntary sector contributes #12bn a year to the UK economy, employing 500,000 staff and about three million volunteers.

Helen Elliott, charity partner at accountants Sayer Vincent, said: ‘One area where some of our clients have had problems is contracts with local authorities. We will have to wait and see if this partnership with central government is going to filter down to help our clients in their negotiations with local authorities.’

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