Registered Office: The Charity Bank Limited, Fosse House, 182 High Street, Tonbridge, TN9 1BE. Company registered in England and Wales No. 4330018. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Financial Services Register No. 207701. Member of the Financial Services Compensation Scheme (FSCS).
COVID-19 AND THE SOCIAL SECTOR
2020 has been a remarkable year so far, one that has seen the COVID-19 pandemic affect almost every single person, family, community and organisation in the UK.
As a consequence of the 2020 events, we have surveyed over 100 of our charity and social enterprise borrowers, along with interviews with guest contributors, to better understand how the social sector has been affected by the global pandemic.
Download the full report to explore how the social sector has been affected by the pandemic and the nationwide lockdown.
“Two thirds of people in the UK have used the services of charities and social sector organisations over the last five years.1 As we went into lockdown, jobs were lost, lots of people were left isolated and lonely, mental health was threatened and healthcare resources were stretched to the limit. But at a time when our need for social sector support was accelerating, charities and social enterprises were facing abrupt declines in income and many were unable to maintain the same levels of service. What’s promising, is that we can see some signs of the sector rebounding.”
- Ed Siegel, Chief Executive, Charity Bank
Head of Policy & Public Services, NCVO
Managing Director, Burton Street Foundation
Founder/CEO, Adrenaline Alley
Chief Executive, EVA Women’s Aid
1 Research conducted by Opinium with 2,000 adult participants across the U.K. between March 24th and 27th, 2020
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