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February 2nd, 2012
Over £1B Investment Secures UK Future of New Waterways Charity

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A new charity to look after England and Wales’ network of 200-year old canals and rivers will be given over £1 billion of Government help to give it the best possible start, Environment Minister Richard Benyon, announced today. This unprecedented funding for a new charity paves the way for the launch of the new Canal & River Trust later this year – a new “national trust for the waterways” that will harness the support of thousands of supporters and volunteers to help look after the canals and rivers in England and Wales for the benefit of future generations. This is a good deal for the taxpayer, the waterways and for the millions of people that enjoy them. Releasing the nation’s waterways from Government control gives more certainty than ever to their financial future. The Canal & River Trust’s charitable status will mean new opportunities for revenue through donations, charitable grants and legacies, increased borrowing powers, efficiencies and volunteering activity. Read More