Campaigning for next month’s General Election is already in full swing, but what are the possible implications for government grants and funding?
With the big vote only a few weeks away, here’s a brief rundown of what the UK’s three major parties’ manifestos had to say about supporting the third sector:
Labour Party (opens a new window)
- Introduce a £75 million Social Investment Bank to help create “social enterprise hubs” in every community.
- Extend the right of public sector workers to request they deliver services as a social enterprise.
- Promote community-scale renewable energy and district heating schemes.
- Greater support for third sector organisations to compete for public sector contracts.
- Encourage more local organisations to run on cooperative principles and oversee an expansion in the number of Community Interest Companies and mutuals.
- Widen share ownership to embrace a culture of “employee-owned businesses”.
- Herald a new age of mutualism where local shops, pubs, children’s centres and even football clubs become community-owned cooperatives.
Conservative Party (opens a new window)
- Reform public service delivery to enable social enterprises, charities and the voluntary sector to play a leading role in delivering services and tackling social problems.
- Use unclaimed assets to create a “Big Society Bank” that will provide new finance for third sector organisations.
- Introduce a “fair deal on grants” to provide greater stability for third sector groups.
- Reprioritise the Big Lottery Fund to focus its support on delivering social action through the community sector.
Liberal Democrats (opens a new window)
- Pass a new Mutuals, Cooperatives and Social Enterprises Bill and introduce a new “Mutuals Minister”.
- Increase the role that mutuals, cooperatives and social enterprises have in creating a “more balanced and mixed economy”.
- Encourage community-owned renewable energy schemes.
- Use money in dormant betting accounts to create a capital fund to improve local sports facilities and community clubs.
- Bring in “easy giving accounts” at publicly-owned banks to enable people to have charitable giving accounts alongside their current or savings accounts.
- Reform Gift Aid to operate at a single rate of 23%.
- Empower educational charities to become involved in delivering state-funded education.
http://www.fundingcentral.org.uk/newsview.aspx?WCU=DSCODE%3dOTSSCMLIVE%2...


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