Small businesses 'have not reduced giving'

Donations have remained strong despite the recession, says Barclays survey

Small businesses have continued to support charities during the recession, a new survey indicates.

The poll of 1,000 small businesses by Barclays found that in the past 18 months 36 per cent had maintained a constant level of giving to charity.

Eighteen per cent cut their charitable support in the same period, and only 5 per cent managed to increase it. The remaining 41 per cent did not support charities at all.

"The amount of money donated by local businesses has remained pretty constant, whether the business feels it's recovering from the recession or not," said Steve Cooper, managing director of Barclays Local Business.

Looking ahead, 16 per cent of small businesses said they would give more once the recession was over, and 71 per cent said they would continue their current level of support for charities in 2010.

 

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