UK residents are hoarding an estimated £50m in loose change, with little sign of it all being spent as Covid restrictions ease.
The Charities Aid Foundation found that more than half the charities they spoke to last year had seen a drop in donations. That coincided with four in 10 charities reporting increased demand for help from those in need.
"Cash donations to charities, normally the country's most popular way of giving, saw a substantial decline during 2020 and remain at very low levels compared to previous years," said Neil Heslop, chief executive of the Charities Aid Foundation.
"As charities struggle to resume fundraising, while continuing to work on the frontlines of the response to the pandemic, donating spare loose change would be a huge show of much-needed support at a critical time."
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