Richard Sagar, Policy Manager at Charity Finance Group (CFG) sets out a briefing on the Economic Update by the Chancellor aided by commentary from CFG's corporate partner experts.

Together, they examine how the announcements might affect charities and what we might expect from the Autumn Spending Review.

The update includes an overview of announcements on jobs, the job retention scheme and apprenticeships.

The article also contrasts the Five Point Plan submitted by a group of umbrella bodies (including CFG) to the Chancellor on the 7th July against the measures covered in the update. Only one of the five points was recognised, and then only in part, regarding making the job retention scheme more flexible.

The article concludes that there was little of direct relevance for the charity sector in the announcement.

Read the update from CFG here.