UK Charities facing £10.1 billion funding gap over the next six months

UK charities are facing a £10.1 billion funding gap over the next six months as a result of COVID 19, with incomes expected to drop by £6.7 billion at the same time as demand for their support rises by the equivalent of £3.4 billion, according to new analysis from charity Pro Bono Economics (PBE). The analysis draws on PBE’s latest weekly charity tracker survey, covering 261 civil society organisations across the UK. Nine-in-ten (88 per cent) of those responding say they expect Covid-19 to reduce their income over the coming…

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