Summary
HUNDREDS of Scottish good causes face a bleak future after Lloyds Banking Group said it was to drastically cut its charitable foundation's funding - worth at least GBP 6 million a year - in the wake of the financial crisis.
The move has raised fears some charities will face closure, job losses or a drastic scaling-down of their services.See the full content of this document
Extract
Lloyds Slashes Cash for Scottish Charities
Hundreds of voluntary groups will be affected after the Lloyds TSB Foundation for Scotland closed its doors to new applications for grants for the foreseeable future.
Sources at the foundation said it was inevitable some charities would be forced to withdraw key serv...See the full content of this document
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