Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Digital, Culture, Media and Sport, whether the Government has plans to introduce a stabilisation fund for the charity sector in response to the covid-19 outbreak.

The government has pledged £750 million to ensure the voluntary and community sector continues its vital work supporting the country during the Coronavirus outbreak. This includes £360m distributed through government departments and £200m for the Coronavirus Community Support Fund, being delivered by The National Lottery Community Fund. The government has unlocked a further £150 million from dormant bank and building society accounts, which will be distributed to organisations to support urgent work to tackle youth unemployment, expand access to emergency loans for civil society organisations and help improve the availability of fair, affordable credit to people in vulnerable circumstances.

We have published clear and comprehensive guidance on the £750 million, plus other sources of support, at

https://www.gov.uk/guidance/financial-support-for-voluntary-community-and-social-enterprise-vcse-organisations-to-respond-to-coronavirus-covid-19.

This is a package of emergency response funding targeted at supporting charities and social enterprises on the frontline of responding to Coronavirus, or providing other essential services. It builds on the significant package of support available across sectors, including the Job Retention Scheme.