Finance

Charity Bank has reported that during 2009 its loans to charities, social enterprises and community projects grew by 31% year on year, to £35.8 million, a seven-fold increase since it launched in 2002

Cass Business School reports that income from investments for the UK’s major fundraising charities fell by £23 million during the recession, while investment asset values fell by £1.5 billion (10.2

The price of a standard letter first class stamp rose today from 39p to 41p, and a second class stamp from 30p to 32p, increases of 5.1% and 6.7% respectively.

Research carried out for the Charity Commission has found that 59% of charities in England and Wales report having been affected by the downturn, up from 38% in September 2008 and 56% in September 200

Financial services provider Virgin Money has announced that its new Virgin Charity Credit Card will donate up to 1% of the customer's spending on the card to the charity of their choice.

Charity Bank has recruited Paul Harrison as Senior Manager of Charity Bank in the North.

Harrison has spent over 30 years in banking,

International fundraising and philanthropy consultancy Bethechange Consulting is establishing a social investment fund to enable wealthy individuals to invest their capital in social enterprise projec

The Charity Commission reports that last year 20% of charities in England and Wales failed to submit their accounts and Annual Returns on time.

The Fundraising Standards Board (FRSB), the self-regulatory body for fundraising in the UK, has published its annual accounts and says that it is on target to break even by June 2010.