The Guide Dogs for the Blind could make up to 150 staff redundant after losing £20m on its stock portfolio last year.
According to The Guardian, “the charity’s expenditure exceeded its income by an average of £11m a year” over the past ten years. It overspent its £40m income last year by its by £16m.
The charity’s restructuring plan aims to balance income and expenditure by 2004.
Read “Jobs at risk after charity loses £20m” by Sara Gaines and agencies at SocietyGuardian.
Get free email updates
Keep up to date with fundraising news, ideas and inspiration with a weekly or daily email. [Privacy]