Comprehensive Spending Review

NCVYS is producing a briefing on the Comprehensive Spending Review which will be available later today. The following announcements are of particular importance for NCVYS members:

  • The Office for Civil Society will have a budget of £470m over the next four years, which will go towards building the voluntary and community sector’s capacity to deliver the government’s Big Society agenda.
  • £100m of the £470m will go to a Transitional Fund to help the voluntary and community sector adjust to a tougher funding environment.
  • Councils will see an average 7.1% annual fall in their budgets, amounting to more than 25% over four years, and ring-fencing of local authority revenue grants will end.
  • The Department for Education is cutting the non-school budget by 12% in real terms by 2015, and this includes ‘rationalising and ending centrally directed programmes for children, young people and families’.
  • The Government will look at setting proportions of youth services that should be delivered by independent providers (including the voluntary and community sector)
  • Education Maintenance Allowances will be ended, saving £0.5 billion, and replaced with targeted support for those who face genuine financial barriers to participation.
  • There will be ‘unit cost reductions in the 16 to 19 participation budget’.
  • The Charity Commission’s budget will be cut by more than a quarter over the next four years.
  • There will be a £7 billion cut to the welfare budget in addition to a departmental cut of 19% over four years.
  • Child benefit will continue to paid until a child leaves full time education at the age of 18 or even 19.

3 Responses to Comprehensive Spending Review

  1. Pingback: Council cuts « NCVYS' Financial Monitoring Blog

  2. Pingback: Deprived areas to suffer from council cuts « NCVYS' Financial Monitoring Blog

  3. Pingback: Transition Fund « NCVYS' Financial Monitoring Blog

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: