Key Quotes - Money

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Last update: Wednesday 25th March




Pensioner household incomes have overtaken those of working age equivalents for the first time, a new study has found. Elderly spending power has been boosted by a new wave of pensioners who tend to still be in work, own a home and receive generous pension pots, analysis by the Resolution Foundation for the Intergenerational Commission shows.
Money	The Sentinel – 14th February 2017



Overall charitable giving in the United Kingdom was up by 2.8 per cent and digital giving was up by 2.2 per cent last year, according to Blackbaud’s 2016 Charitable Giving Report.
Money	Civil Society Media - 23rd February 2017



Earnings have risen fastest among the lowest paid owing to higher minimum wage levels. A 6.2 percent rise meant pay inequality narrowed between April 2015 and early April 2016.
Money	The Sentinel - 27th October 2016



British workers are facing the toughest squeeze on earnings in up to a century, a leading financial think tank has warned, after official forecasts for growth were sharply downgraded in the wake of the Brexit vote. The institute for Fiscal studies (IFS) said figures unveiled in Chancellor Philip Hammond’s Autumn Statement on Wednesday indicated real wages will still not have returned to pre-crash levels by 2021.
Money	The Sentinel - 25th November 2016



In the 12 months ending the second quarter of 2016, one in 541 became insolvent and every day 39 people were declared bankrupt.
Money	Families First January/February 2017



Research published in mid-October revealed that Christian women are more generous than men when it comes to leaving gifts to charities in their wills. 65% of Christian women included a charitable gift in their will, compared with only 35% of men...Only 15.7% of all charity legacies over the past three years have been given to Christian charities or churches.
Money	Evangelicals Now - December 2016



The UK is still the most generous country in Europe, but has slipped from sixth to eighth in the world, according to the latest CAF World Giving Index.
Money	Civil Society News - 25th October 2016



Nearly three-quarters of people gave to charity and 70 per cent volunteered last year, according to a Cabinet Office survey published today.
Money	Civil Society News - 20th July 2016



Almost a quarter of charitable giving in England and Wales is received by faith-based charities, according to a new report. Released this week, the report by think thank New Philanthropy Capital showed that almost half of all overseas aid and human rights charities are religiously based. Of this number 60% of faith-based overseas aid groups are Christian, along with 43% of human rights charities.
Money	Christian Concern - 24th June 2016



The British public's "ideal charity" would spend 42 per cent of its total income on campaigning, fundraising and on running costs and the remaining 58 per cent on "helping beneficiaries", according to a new report by nfpSynergy.
Money	Civil Society News - 23rd June 2016



80 per cent of people who volunteer for a charity have also made a charitable donation in the last year, according to a new survey.
Money	Civil Society News - 23rd June 2016



New research by the national charity Turn2us has found that almost three-quarters (73 per cent) of low income households claiming means-tested benefits are worried about future changes to the welfare system.
Money	Ekklesia Daily Bulletin - 15th June 2016



According to Macmillan’s calculations, the average family is left with around £375 each month after paying for necessities such as food and bills. And it believes additional costs facing cancer patients of about £570-a-month, could leave many struggling below the breadline.
Money	The Sentinel - 9th May 2016



New research by the national charity Turn2us has found that 48 per cent of low income households are not claiming the welfare benefits and tax credits they could be entitled to. This is despite the fact that 87 per cent of this group have seen no improvement to their financial situation over the last year.
Money	Ekklesia Weekly Digest - 13th May 2016



Figures from the Office for National Statistics (ONS) released on 16 May 2016 show 3.9 million people in the UK are in persistent poverty. The figures show one in three people have experienced poverty in recent years, underlining the precarious nature of work in Britain.
Money	Ekklesia Weekly Digest - 20th May 2016

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