Is Age UK closing down?
No, Age UK is not closing down nationally, but several local branches and shops have closed recently (late 2024/2025) due to severe financial pressures, including rising costs (energy, wages, National Insurance) and reduced funding, impacting services in specific regions like Lindsey and the West Midlands. The national charity continues to operate, but these local closures highlight significant challenges for the wider network, with some areas seeing partner charities step in.Are Age UK closing down?
Age UK charity closes due to 'severe financial challenges' - Charity Times.Is Age UK in trouble?
However, this unwavering commitment has stretched their resources thin and has brought some close to or beyond collapse – several local Age UKs were forced to close for financial reasons during 2024, a situation replicated in other parts of the VSCFE too.How much does the CEO of Macmillan get paid?
One institution that has come under flak is Macmillan, whose CEO, Gemma Peters, earns £190,000 a year.How much does the CEO of Save the Children charity get paid?
Save the Children CEO salaries vary by region, with Janti Soeripto (US CEO) earning around $629,000 in 2023, while the UK's interim CEO, Gemma Sherrington, received £143,000 in 2024, and Inger Ashing (International CEO) earned £229,575 in 2023, reflecting different roles and organizational structures within the global charity.MTV shuts down UK and Europe music channels marking end of era
How many Brits have no savings?
Around 1 in 6 UK adults (roughly 8.4 million people) have no savings, while a significant portion, about one-quarter (23%), have £200 or less, leaving them financially vulnerable; this highlights a widespread lack of emergency funds, with many unable to cover even small unexpected costs. The Money and Pensions Service (MaPS), Financial Conduct Authority (FCA), Building Societies Association (BSA), and Finder research consistently shows millions lack financial buffers, with some reports indicating over 10 million people are saving less or not at all.Where does Age UK money go?
Activities - how the charity spends its moneyIt raises awareness of issues affecting older people in the UK and overseas, researches and campaigns for changes in policy and practice, and offers practical support to disadvantaged older people. It is funded by individuals, companies and trusts.
Is the Age UK Bletchley shop closing?
😞 Age UK Milton Keynes forced to shut its Bletchley charity shop after massive rent rise 😞 The charity made the difficult decision after a near 40% increase in rent and service charges were put forward by new landlords. Full Story: https://www.miltonkeynes.co.How much do Age UK managers make?
The estimated average salary for a Shop Manager at Age UK (The National Charity) is £77,800 per year or £37 per hour, but some professionals have reported earning up to roughly £126,369 per year (90th percentile). The typical pay range is between £60,839 (25th percentile) and £100,877 (75th percentile) annually.Has Age UK gone into administration?
Age UK Lindsey entered Creditors' Voluntary Liquidation on 20 May 2025 having ceased trading on 2 May 2025. The affairs, business and assets of the Company are being managed by the appointed Joint Liquidators, Gareth Rusling and Phil Stone of Begbies Traynor (Central) LLP.Can a company get rid of you because of your age?
Under the Equality Act, you are protected from age discrimination in all aspects of your employment including recruitment, employment terms and conditions, promotions and transfers, training and dismissals. If your employer says he/she will not promote you because you're 'too old'.What percentage of the UK population is over 80?
There are currently almost 22 million people aged 50 and over in England. This represents 38% of the population. Nearly 11 million people – almost one in five (19%) – are aged 65 and over, more than 5 million (9%) are aged 75 and over, and more than 1.4 million (3%) are aged 85 and over.How much money does the average person have in their bank account?
According to the Fed's Survey of Consumer Finances, the median amount held in bank accounts across all American households in 2022 (the most recent data available) was $8,000.How many Brits don't have a pension?
Private pensions are not plugging the pension gapWhile confidence in the State Pension is eroding, the data also shows that private pension saving is far from bridging this gap, with just 15% prioritise pensions savings and almost one in five (17%) saying they don't have a pension.