Thursday, April 10, 2014

Charity Commission's financial situation is 'unsustainable', chair says | Third Sector

Charity Commission's financial situation is 'unsustainable', chair says | Third Sector: The chair of the Charity Commission has described the regulator’s financial situation as "simply unsustainable" in its response to the damning Public Accounts Committee report published in February.

William Shawcross, chair of the commission, said in a statement issued alongside the commission’s formal response to the PAC today: "If we are to fulfil all the expectations placed on us while at the same time increasing our serious case work, we must be adequately funded. Our current funding position is simply unsustainable."

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