(4 years ago)
Commons ChamberThe dormant assets scheme is a great success; it has unlocked more than £745 million for social and environmental causes in the UK to date, including £150 million released in May to support charities, communities and individuals affected by the pandemic. Work is also under way to expand the scheme to a wider range of assets and enable hundreds of millions of pounds more of forgotten money to be put to good use.
On Monday, the Prime Minister said he would be
“doing much more over the winter to support the voluntary sector”.—[Official Report, 2 November 2020; Vol. 683, c. 41.]
The sector provides vital support and services to people across our communities. It already has an accumulation of a £10 billion deficit over just six months, because of the loss of fundraising, and 10% of organisations are due to fold, so can the Minister say exactly how he and the Prime Minister are going to rescue our charities and address that deficit, and what further money will be forthcoming, as charities are never more needed and never more in need?
The hon. Lady is absolutely right to say that charities have performed an immensely valuable role, and they will continue to be more important than ever. I would point her to the £750 million package, and she will know that the Chancellor will be making a statement later on, which I am sure will not be the last one he will be making over the course of this pandemic.
(4 years, 5 months ago)
Commons ChamberThere is significant support available for hospices in particular, with £200 million of the £750 million ring-fenced specifically for hospices, and I pay tribute to the work that they have done. Local charities can access the £200 million coronavirus community support fund. Crucially, as we go forward, reopening the broader economy and allowing charity shops, for example, to reopen from 15 June with social distancing measures in place will allow fundraising to start to get back to normal, so that the vital work that hospices and other charities do can get back to normal.
Voluntary and community organisations are desperately financially fragile, caused by loss of revenue, fundraising and all other forms of income, with many not qualifying for grants and loans but still having significant outgoings, while demand on them escalates. They face a precipice, demanding cuts to vital research, services and support or closure. They are beyond the point of warm words or pennies dropped in the tin. They desperately need a full charity rescue package. When billions are being spent elsewhere, charities are the poor relation. They need further guarantees now. What will the Minister do?
The hon. Lady is right to highlight the vital work that charities do and to say that they face immensely challenging times. That is precisely why we have announced a £750 million package. It is precisely why we continue to work with the Arts Council and other organisations in a host of areas to ensure that we can continue to support the ongoing recovery. I understand the point she makes, and that is why we continue to work closely with a whole host of sectors.