Last week's £750m package to support frontline charities brought some sighs of relief, but it's far from enough. David Floyd reflects on why the sector has been so poorly served, despite its best lobbying efforts.
UK social investors have asked the government to contribute to a multimillion pound liquidity fund, while voluntary sector representatives warn charities face a £4.3bn funding shortfall over the next 12 weeks.
The Scottish government is among those announcing new funding this week, as it unveils early details of support for charities and social enterprises – but Westminster is yet to reassure the wider UK charity sector of its support.
Investing for impact, where the primary goal is social impact, looks set to grow far more slowly than demand for such finance – unless we make some major changes. Chris West identifies five opportunities to tackle the mismatch.