Chancellor Rishi Sunak has finally unveiled a £750 million bailout for British charities that were weeks away from going under as they battle the coronavirus.
Tens of thousands of charities providing vital services — including hospices and those supporting domestic abuse victims — will be able to access direct cash grants, Sunak announced at Wednesday evening's Downing Street press conference.
They money will ensure that charities can meet increased demand as well as continue their day-to-day activities, the chancellor said, amid mounting concerns within the sector that charities were struggling to stay afloat.
£360 million will be directly allocated by the government to charities providing key services during the crisis.
This will include increasing capacity at hospices; money for the St Johns Ambulance service; victims charities, including domestic abuse; vulnerable children charities; and increasing staff at Citizens Advice.
Another £370 million will be available for small and medium-sized charities, including through a grant to the National Lottery Community Fund for those in England. This support will be aimed at various charities including those delivering food, essential medicines and providing financial advice.
Sunak also said the government will match donations the BBC’s Big Night In charity appeal on April 23.
"Our charities are playing a crucial role in the national fight against coronavirus, supporting those who are most in need," the chancellor said.
“It’s right we do everything we can to help the sector during this difficult time, which is why we have announced this unprecedented £750 million package of extra funding.
“This will ensure our key charities can continue to deliver the services that millions of people up and down the country rely on.”