Oxfam announced plans to cut their UK poverty projects by 20%. The cuts aim to reduce financial support for local grassroots poverty programmes that will free up resources to invest in influencing global policy-makers.
Welfare advice, refugee, and women’s charities like Tower Hamlets Food Bank and the Fawcett Society could see funding decreased. Oxfam is vital to the 28% of Londoners currently living below the poverty line. Oxfam spent almost £2.5m on it’s UK Poverty Programme in 2012-2013 and plans to cut this to around £1.85m in 2014-2015, and, eventually, the programmes budget could be cut to as little as £400,000 in the future. The charities’ income for 2012-2013 was £367.9m, down from £385.5m in 2011-2012, which Oxfam said was a result of a fall in donations.
Welfare advice, refugee, and women’s charities like Tower Hamlets Food Bank and the Fawcett Society could see funding decreased. Oxfam is vital to the 28% of Londoners currently living below the poverty line. Oxfam spent almost £2.5m on it’s UK Poverty Programme in 2012-2013 and plans to cut this to around £1.85m in 2014-2015, and, eventually, the programmes budget could be cut to as little as £400,000 in the future. The charities’ income for 2012-2013 was £367.9m, down from £385.5m in 2011-2012, which Oxfam said was a result of a fall in donations.
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