Sector leaders to present Icelandic bank losses to ministers

A delegation of voluntary sector leaders will meet ministers on Tuesday to present figures outlining how much charities lost in the Icelandic banking collapse.

Representatives from the NCVO, chief executives body Acevo, the Charity Finance Directors' Group and the Charities Aid Foundation will meet Kevin Brennan, third sector minister, and Paul Myners, Treasury minister.

The four organisations will present evidence of how much charities stand to lose in the Icelandic banking failure based on an anonymous survey carried out by the group.

Seb Elsworth, head of policy at Acevo, said the purpose of the meeting was to ensure that charities did not lose out as a result of the banks' failure.

"I am pretty confident that our members that have been affected have responded," he said.

At a meeting earlier this month, Myners told the group to collect evidence of the scale of the sector's losses.

Andy Ricketts recommends


Read more

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Already registered?
Sign in

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus