Tough challenges but new possibilities: shaping the post Covid-19 world with the voluntary, community and social enterprise sector, King ' s Fund

Like other parts of the health and care system, the VCSE sector is under immense pressure, with rising demand and falling funding. At the end of March, the Institute of Fundraising estimated that due to Covid-19, 43 per cent of charities expected to see an increase in demand for services against a decline of 48 per cent in voluntary income, and 52 per cent of charities expected to reduce services. A lack of cash reserves and its reliance on fundraising events, shops and public donations to balance the books makes its situation particularly precarious. NCVO has estimated that the sector will lose around £ 4 billion in income in the three months up to the end of June.
Source: Current Awareness Service for Health (CASH) - Category: Consumer Health News Source Type: news