Global environmental action NGO, WRAP has issued a stark warning: if the UK’s used textile sector goes under, charities, local authorities and consumers will have to pay the cost of dealing with unwanted used textiles. WRAP predicts the cost of the sector collapsing would be an additional £64 million per year in costs of gate fees for local authorities for disposal of used textiles. This is further to the £73 million local authorities already pay for the textiles citizens currently put in the bin. The cost of collecting and sorting worn-out…
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Big Issue Invest offers loan programme to charities and social enterprises to help beat rise in energy bills
Big Issue Invest is offering loans to charities and social enterprises which are struggling with rising energy costs. Business leaders around the country have warned of mass closures due to the energy bills crisis. Which is why Big Issue Invest stepped up to help. In a bid to help businesses for social good find long-term solutions rather than a short-term fix, Big Issue Invest, the investment arm of the Big Issue Group, is now offering loans of up to £150,000 for organisations to install measures such as more efficient lights,…
Read MoreCharities encouraged to have their say on changes to the Annual Return
The Charity Commission has launched a formal consultation on proposed changes to the Annual Return, designed to ensure the regulator is collecting the right information in the years ahead. The Annual Return is an online form that all charities with yearly incomes of £10,000 or more must complete within 10 months of the end of their financial reporting period. The return has not changed significantly since 2018, but after a comprehensive review, the Commission is proposing to update the question set which charities will need to complete from 2023 onwards.…
Read More£1m-Plus Funding Boost To Help UK Charities Transform Lives
UK charity projects to tackle food poverty, break down barriers for people with physical and learning disabilities, support better mental health and help people into jobs and training will be able to reach more people than ever before thanks to a funding boost of more than £1 million from the ScottishPower Foundation. A total of 19 of the UK’s most inspiring and innovative charities have been awarded £1.1 million from the Foundation’s 2022 funding allocation to drive positive change across England, Scotland and Wales and give people and communities the…
Read MoreLloyds Bank Foundation opens its Racial Equity funding for charities led by and for Black, Asian, and minority ethnic communities
Lloyds Bank Foundation for England and Wales is to launch its Racial Equity funding for small and local charities that are led by and that support Black, Asian, and ethnic minority communities. This funding strand will open on 20th April, when charities can apply for two-year unrestricted grants of £50,000 alongside development support. The funding will be open year-round, meaning charities can apply at a time that suits them and will not be restricted by deadlines. The Foundation is looking to support charities where more than half of their Trustee…
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