Further budget cuts for Charity Commission

Further budget cuts for Charity Commission: The Charity Commission’s budget for the next two years has been trimmed again following the Chancellor’s autumn statement with the regulator’s annual budget now set at �20.2m by 2015/16.

An additional 1.14 per cent will be cut from the regulator’s budget for 2014/15 and 2015/16 meaning that it will receive �230,000 less in 2014/15 and �220,000 less in 2015/16.

This means that the Commission has seen a budget cut of almost 50 per cent in real terms since 2007/08 when it received a settlement of �32.6m from the government.