COVER FEATURE – Cost of living
your PTA funds coming up short
How to stop
Carol Rogerson discovers what PTAs can do as the cost of living crisis begins to bite
ising prices on essentials such as food,
energy and housing mean families are already facing tough decisions around spending priorities. With the Bank of England predicting a prolonged recession by the end of the year, even middle-income families are looking for ways to cut back. Alarm bells are ringing
across the charity sector too
as it prepares for a series of financial challenges. In July, research published by charity strategy agency Good and YouGov found that 15% of people planned to reduce their charitable giving in the upcoming few months. Dr Alison Body, senior lecturer in
philanthropic studies at the University of Kent, says: ‘We’re hitting a perfect storm where the bottom line is affected for everyone. It’s already coming through in stories from schools where bills – particularly energy – are going through the roof, putting even more pressure on an already pressurised set of budgets.
pta.co.uk AUTUMN 2022 17
IMAGE: SYLVERARTS/
ISTOCKPHOTO.COM
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