Targeted charity could save cash
Huge social issues blighting Britain can best be solved by well-targeted philanthropy, claims study out today from Barclays Wealth and think-tank New Philanthropy Capital (NPC).
The report identifies three categories of social problem costing the taxpayer £100bn per year: children with conduct problems and the crimes they commit in later life; adults out of work due to mental health problems; and chaotic families.
Targeting each of these issues as soon as they arise can create enormous savings for the public purse, and benefit society more widely, said Iona Joy from the NPC.
“Diverting a young person from crime and into a job not only improves the lives of potential victims, members of the community, and indeed the young person in question – it can also reduce the costs of policing, courts and custody.”