Cuts could be fatal for many charities, says law firm

Chris Priestley of Withers predicts a "particularly severe" effect on the voluntary sector

Chris Priestley, Withers
Chris Priestley, Withers

The impact on the voluntary sector of today's comprehensive spending review will be "particularly severe", according to the law firm Withers.

Chris Priestley, partner in Withers’ charities and not-for-profit team, said: "Public sector cuts could transform Britain’s not-for-profit sector beyond recognition."

Some charities, he said, faced "dramatic and perhaps fatal cuts in funding streams", while others could benefit from the big society programme.

"What we are seeing already, and what we expect to see much more of, is novel approaches to finding alternative sources of funding, such as social impact bonds and the under-used community interest tax relief," he said.

"In addition, trustees of grant-making trusts and foundations should brace themselves for an unprecedented wave of appeals for replacement funding."

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Already registered?
Sign in
RSS Feed

Third Sector Insight

Sponsored webcasts, surveys and expert reports from Third Sector partners

Third Sector Logo

Get our bulletins. Read more articles. Join a growing community of Third Sector professionals

Register now