We are currently seeking someone to join us on Mondays and Tuesdays 0900-1700 (14 hours PW) as Estate and Governance Administrator. Starting salary on range of £10,663-£11,282 pa (full time equivalent £26,658-£28,206 pa). Details here
See our Annual Review 2017/2018, Unfinished Business, online.
Printed copies are available on request. We'll be glad to send you a copy. Call us during office hours on 020 7735 1925 or email office <at> walcotfoundation.org.uk
FullFact.org has produced this concise introduction to the facts and figures concerning UK poverty.
Read it here
Read our interview with a modern day benefactor of the Walcot Foundation - here
The Joseph Rowntree Foundation has published its UK poverty 2017 report. It highlights that overall, 14 million people live in poverty in the UK – over one in five of the population. This is made up of eight million working-age adults, four million children and 1.9 million pensioners. 8 million live in families where at least one person is in work. Over the last 20 years, the UK has dramatically reduced poverty among people who had traditionally been most at risk – pensioners and certain types of families with children. But that progress is beginning to unravel; poverty rates for both groups have started to rise again. More
There have been dramatic cuts to London's youth services since 2016 according to a briefing paper by Sian Berry, a Member of the London Assembly. She highlights these main findings for the period 2011/12 to 2017/18
The briefing shows these figures for Lambeth (the area we serve) -
Change in funding youth services 2011/12-2018/18 -£2,499,000, a reduction ob this period of 53%
These reductions - part of the wider, severe cuts to public spending - have had a major impact on a range of provision that offered support and engagement to young people. The long term costs of this are likely to be significant.
New figures published today suggest that the number of children from working households growing up in poverty is set to rise to 3.1million this year – 1 million more than in 2010. The analysis by Landman Economics for the TUC also shows that 600,000 children with working parents have been driven into poverty as a direct result of government policy.
Founded in 2017 by actor and activist Michael Sheen, the End High Cost Credit Alliance formally launched on 20 March 2018 at the Responsible Finance conference in Glasgow. The Alliance seeks fair, affordable credit products for those who need them. A key requirement is clarity about the true cost of borrowing. In this video, Michael Sheen tells a pub story to show hidden high APR costs...
The Walcot Foundation was delighted, in partnership with Trust for London and the Learning and Work Institute, to launch at City Hall on 9 March 2018 the evaluation findings of our Step Up programme. This followed a two year programme trialling ways of enabling people in low paid work to progress their careers.
Reports can be found here:
Key Findings | Full Report | Step Up Providers Case Studies
We have extended Step Up for a further year in order to track the long term impact of the project. We plan to publish a follow-up report in 2019. Solutions to in-work poverty are relatively unexplored. The Step Up programme has broken new ground and provides valuable information to any organisation or commissioning body looking to design a project that supports low paid workers. We remain especially interested in tackling in-work poverty, and will be applying what has been discovered from Step Up to assess future in-work applications.
Invisible Rules: Social Mobility, Low Income and the Role of Further and Higher Education A report on research commissioned by the Walcot Foundation as part of our 350th anniversary year has been launched at an event at the House of Lords (Tuesday 30 January 2018)
With funding from the Walcot Foundation, the University of Birmingham undertook qualitative research on 40 former Walcot grantees (young people from low income Lambeth households) to map their journeys through Further and Higher Education and then into the labour market.
Powerpoint from launch event
Click 'read more' for details of the research and its findings
Our work brings us into contact with able students from low income Lambeth households. Our grants assist them during their studies, but they still emerge with heavy debts. The cause is the model of student loans which fails to distinguish between students from well-off households and those from low income households. The Sutton Trust has published research and proposals for the reform of student finance and to increase fairness and widen access. Access the report here.
Living Wage Week 2017 runs from Monday 6 November to Saturday 11 November and is a UK-wide celebration of the campaign for a real Living Wage that meets the cost of living, and of the network of Living Wage employers (of which we are one). Find out more: the Living Wage Foundation