Member

On the subject of registered charities, the noble Earl, Lord Kinnoull, gave an example, and we can all think of others. The worst thing is that it is increasingly hard for small charities to raise money at all. Big corporates want to have big charities so that they can bolster their credentials and show that they are doing ESG, which is another imposition on the private sector that is completely against improving our productivity and returns for our big businesses. It is harder for small charities to get the resources they need and therefore the impact of this will be highly regressive and mean the difference, in many cases, between continuing to exist and not existing.