Further budget cuts for Charity Commission
The Charity Commission’s budget for the next two years has been trimmed again following the Chancellor’s autumn statement with the regulator’s annual budget now set at £20.2m by 2015/16.
An additional 1.14 per cent will be cut from the regulator’s budget for 2014/15 and 2015/16 meaning that it will receive £230,000 less in 2014/15 and £220,000 less in 2015/16.
This means that the Commission has seen a budget cut of almost 50 per cent in real terms since 2007/08 when it received a settlement of £32.6m from the government.
In a statement a Commission spokeswoman said: “Between 2007/08 and 2015/16, there has been a real-terms decrease of 48 per cent, and the further 1.14 per cent in 2014/15 and 2015/16 comes on top of this. This is very disappointing having also recently seen a 6.3 per cent drop in our budget for 2015/16.