Posted by Gateway 97.8

Helping UK charities bridge the cost of living gap

New research highlights the tough position that many UK charities find themselves in during the ongoing cost-of-living crisis, with a reduction in the funds received by donations and also an increased reliance on their services.

More than six in ten people in the UK (63%) have either cancelled or cut back on their monthly charitable donations, research from Nationwide Building Society reveals, with people cutting back by an average of £13 a month on charity contributions.

However, almost a third of people (32%) have needed help from a charity since the cost-of-living crisis started – with the main reasons for reaching out for support being money worries (37%), mental health (29%), and housing (20%).

Ryan spoke to Kirsty Hall, social ivestment manager at Nationwide Building Society.

Photo by Colin Watts on Unsplash

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