nick hurd, taskforce chair

Anna Patton

UK government funds new taskforce to boost global impact investing, chaired by Nick Hurd

The UK has announced a new taskforce to provide a rocket boost to global impact investing. Chair Nick Hurd claims that the taskforce will “propose solutions to harness private capital at scale for public good.” The announcement comes as part of the UK’s G7 presidency this year.

foreign aid

James Macdonald

UK Foreign Aid Cut: Philanthropists cannot be expected to pick up the slack.

In November 2020, the UK cut its foreign aid commitment from 0.7% of GNI to 0.5%. We bring attention to one consortium which is trying to assuage the damage by developing a philanthropy-backed £100m fund. However, we also point out why philanthropy cannot be a permanent fix to state-funded foreign aid.

charitable giving

Beacon Collaborative

The UK’s wealthiest maintain high-levels of charitable giving

The latest data from Beacon’s quarterly surveying of UK millionaires shows that high-net-worth charitable giving is continuing to rise steadily. It also demonstrates that the increase in philanthropy from the UK’s very wealthiest – something precipitated by Covid – is sustaining.