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
Read our interview with a modern day benefactor of the Walcot Foundation - here
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 latest data for London's Poverty Profile (from 2016 and 2017) shows a mixed picture. In some ways, London is better off than it was before the financial crisis. Employment rates are ar peak, at least as far back as 1992, at over 73% of the working-age population. This is 4.5%s higher than a decade earlier. This also translates to a record low in the number of workless households in London. However, while the overall poverty rate has fallen slightly in recent years, it remains higher than the rest of the country; and the proportion living in 'deep poverty' has increased. Follow 'read more'
We were delighted to support Victoria and the social enterprise she established, Iconic Steps. See her video...
We have posted revised designs for the exterior elevations of the Foundation's proposed Walcot Mews development. More
This latest annual report from the New Policy Institute brings together the most recent data to present a comprehensive picture of poverty in the UK. Key points -
Our Grants Committee recently received a progress report on our Step Up programme - a joint initiative between the Walcot Foundation and Trust for London. Low pay in London is growing and is a major contributor to poverty in the capital. The London Poverty Profile shows that in 2013 there were 640,000 low paid jobs in London, an increase on the 2007 figure of 420,000. LSE findings show that in 2013 23% of London workers earned less that the Living Wage. Despite all this, there has been little focus to date on programmes to help people to escape low pay. The Step Up programme is funding pilot schemes. The aim is to discover the best ways of helping this large number of our fellow citizens move into better paid work.
The End Child Poverty coalition has published new figures providing a new child poverty map of the UK. The data is available by parliamentary constituency, local authority and ward. Lambeth details can be accessed here.
Among the twenty local authorities with the highest levels of child poverty, eleven are in London. Of the ten London Local Authorities with the highest levels of child poverty, eight are in Inner London. In the table below are Lambeth's Wards. After housing costs are factored in the percentage of child poverty reaches an astonishing 46.17% in Coldharbour Ward. Seven Wards have rates of child poverty in excess of 40%: Ferndale, Stockwell, Prince's, Vassall, Larkhall, Tulse Hill and Coldharbour.
We are an accredited Living Wage Employer. This week the Living Wage in the UK has increased to £8.45ph, and in London to £9.75ph. Find out more from the Living Wage Foundation