PRIME launches landmark report – economic barriers and the over 50s
PRIME, now a part of Business in the Community, has launched a report looking at the economic barriers affecting the over 50s today. We are working with The International Longevity Centre and this report is the first of three which will cover economic barriers for the over 50s, employment solutions and benefits to the UK economy.
The first report, ‘The missing million: illuminating the employment challenges of the over 50s’, looks at the reasons why the over 50s are being pushed out and suggests that if this is reversed, it will increase opportunities for young people, rather than ‘crowd them out’, provide a potential £88bn boost to the economy, as well as benefits for individuals and local communities.
Fund launched to support small British charities
A multi-million pound fund has been launched to give a boost to small British charities providing support to the developing world. UK Aid Direct, which was launched by the Department for International Development (DFID), will operate for five years and will offer grants totalling £30 million in its first year of operation. The fund will help to make the most of small charities’ assets, such as the ability to build close relationships with local contacts and develop specialist expertise. DFID has taken additional steps to help smaller charities, including a series of roadshows about making the most of funding and a new online ‘funding finder’ tool.