Oral Answers to Questions

Rachael Maskell Excerpts

Thursday 5th November 2020 Commons Chamber

[Matt Warman]

The 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.

[Rachael Maskell (York Central) (Lab/Co-op)]

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?

[Matt Warman]

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.