Donations by top 1% fell by a fifth in real terms from 2012 to 2019, resulting in growing ‘generosity gap’
Britain’s highest earners have been donating less to charity despite soaring incomes, according to a probe of tax records that found society’s wealthiest are getting richer but meaner.
Charities have missed out on more than £2bn as a result of a widening “generosity gap” as the nation’s top 1% of earners reduced their average declared giving by a fifth in real terms from 2012 to 2019. Over the same period donations from the rest of the population rose.