Funding crisis forces Cancer Research UK to cut spending by 10%BMJ 2011; 343 doi: https://doi.org/10.1136/bmj.d8068 (Published 12 December 2011) Cite this as: BMJ 2011;343:d8068
- Ingrid Torjesen
Cancer Research UK is cutting its spending on research by 10% over the next three years because of a dip in income brought on by the economic climate.
The charity’s income fell by 3% (£13m (€15.3m; $20m)) in the financial year 2010-11, leaving the charity with a shortfall in income against its planned spend.
The charity gets most of its funds from public donations through three funding streams: direct marketing campaigns, revenue raised through its Race for Life fundraising event, and legacies. Legacies make up a third of the charity’s income, and while the number it receives has risen slightly in recent years, their …