Labour’s Shadow Minister for the Cabinet Office responds to the Government’s launch of Big Society Capital:
"Charities need all the support they can get. This announcement is welcome, but it is too little, far too late.
"The Government should not over claim at a time when over 70,000 jobs in the sector have been lost in the last year alone and too many charities are cutting back on the support they provide to individuals and communities as a result of the Tory-led Government's cuts that go too far, too fast."
More top news
A team at Maastricht University, led by Prof Mark Post, want nothing less than to revolutionise our food industry with lab-grown meat.
Santa Montefiore said she hoped her "beloved sister" was being looked after in Heaven during a private funeral.
A tribunal decided that people with certain mental health conditions should be able to claim Personal Independence Payments.