£5 billion less for good causes from National Lottery

Howard Lake | 26 June 2001 | News

The National Lottery Commission has announced that the National Lottery is likely to raise £5 billion less for good causes during its latest seven-year licence.

The National Lottery Commission has announced that the National Lottery is likely to raise £5 billion less for good causes during its latest seven-year licence. In practice this means good causes will receive about the same as they did in the first licence period. Lottery operator Camelot had originally suggested they would generate £15 billion for good causes, but the figure now looks likely to be £10 billion.

Read Camelot faces ‘charity shortfall’ at BBC News.

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About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale. He is the founder of Fundraising Camp and co-founder of GoodJobs.