Big Lottery Fund moves to Cardiff
Last Updated: Monday 7th February 2011, 10:40 am
Since the Ontario Teacher’s Pension Fund took over the National Lottery and the new coalition government came to power, there have been a lot of changes within the lottery. Over the past year many departments have been streamlined and in another cost cutting exercise the Big Lottery Fund moves to Cardiff, away from the London office. It’s a great move for Cardiff, who are becoming a global force not seen since the days of coal trading and it should be good news for good causes too!
It’s promised that the downsize of the Big Lottery Fund offices won’t affect performance, but it will reduce costs according to John Rose, Acting Director for Wales at Big Lottery Fund. He commented that the fund will now be able to give an even bigger proportion of lottery money to good causes by reducing costs across the board and the new offices at Helmont House in Cardiff ticked all the boxes.
The Big Lottery fund gives out millions of pounds every single year from the sale of National Lottery tickets to good causes around the UK. Money from the fund goes to community groups and projects to improve health, education and the environment.
Will this move mean jobs in Cardiff? Possibly but almost certainly not as many as in London as the lottery company take step after step to reduce costs in this difficult economic climate, ensuring more for good causes every step of the way!
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