Haldane – just 0.5% of lockdown savings likely to be donated to charity

Andy Haldane, Chief Economist of the Bank of England and co-founder of Pro Bono Economics, has today outlined findings from new research into the savings households have amassed over the last year. Haldane has previously identified unleashing households’ huge savings windfall as the one of the keys to turbocharging the UK’s economic recovery from the pandemic. This new research from Pro Bono Economics sets out the scale of the challenge facing the charity sector as it attempts to plug the £10billion funding gap that emerged at the height of the…

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