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Hft’s Sector Pulse Check: What kind of challenges is the sector currently facing?

Hft’s Sector Pulse Check: What kind of challenges is the sector currently facing?


Well, the sector is facing a number of
challenges at the moment most of them are actually unfunded increases to our
running costs so it’s things like pensions auto-enrolment, the
apprenticeship levy, for those of us that are charities things like charges for the
charity regulator, National Insurance Contributions all of these are rising
– and of course the National Living Wage but these aren’t being matched by the money
that we’re receiving from local authorities to actually provide those
services, and local authorities themselves are struggling to meet the
increasing demand of social care because they’re not getting the funding from
central government and are unable to raise it locally so really what we’re
seeing is a perfect storm of unfunded costs for us and decreasing funding pots
from local authorities

Author Since: Mar 11, 2019

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