The Government has identified a further 1.7 million individuals as 'clinically extremely vulnerable' and at high risk of serious illness if they catch coronavirus. These individuals will be advised by a letter from their GP to shield until 31 March 2021.
The not for profit sector, along with most of the wider UK economy, continues to face financial challenges which have been exacerbated by the Coronavirus (COVID-19) pandemic and ongoing national lockdowns.
There have been mixed statistics about whether charity mergers have increased as a result of the coronavirus pandemic and about the resulting financial and operational challenges that this has presented to charities.
The eagerly anticipated decision of Mrs Justice Falk, which was handed down on 12 February 2021, confirmed that the trustees and CEO of the charity, Kids Company, would not be disqualified from acting as directors.
The due diligence process begins at the start of a charities merger. Those responsible for reviewing the documents are usually faced with a raft of information and data protection can sometimes be overlooked.
On 12 February 2021 the Government announced that the Restriction on Public Sector Exit Pay Regulations 2020 (Regulations), which implemented a £95,000 cap on public sector exit pay, should be revoked.
Due to the impact of coronavirus (COVID-19) and the uncertainty created for the supply of services to Universities, we have recently been working with a number of clients on termination clauses within their contracts.