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03232006 Thursday Mar 23, 2006


The Budget 2006

Yesterday's Budget Report  provided a good deal for the voluntary sector to digest. NCVO has a summary of the main points, including, from  Chapter 5, Building A Fairer Society (pdf) item 5.64, announcing that

HM Treasury will undertake a review into the future role of the third sector in social and economic regeneration. The review, overseen by a crossdepartmental ministerial group, will take a cross-cutting approach to the long-term priorities for the sector, in the context of the future challenges that our society now faces. Campbell Robb, Director of Public Policy at the National Council for Voluntary Organisations, will play a leading advisory role in the review. In its first phase, the review will be informed by the largest consultation ever undertaken with the third sector, seeking views from a wide range of organisations. It will be launched at a conference in May and then taken to every region by the ministerial group.
Adding to the Treasury's influence in the sector will be a new  Office of Charity and Third Sector Finance within the department, "linking the work of HM Treasury across the range of third sector issues to provide strategic coordinated engagement."
A third sector advisory panel will be established to advise the Office on third sector issues. The advisory panel will include young volunteers, representatives of third sector umbrella bodies and members of different faith communities and will report to the Chancellor.

Also, announced in the Budget  was news that  over £10 million has been raised from corporate supporters to help finance the post-Russell Commission plans for youth volunteering and that the priority areas would include sport, the arts, media and the environment.

Posted by Tom Green ( 11:34 AM ) Link to this post


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