Press Release

Box Power CIC calls for public to support its campaign for first £100 million of FCA bank fines to be given to the UK’s cash-strapped hospices

Not for profit energy consultancy Box Power CIC which already supports a number of hospices through its business model which sees all its profits donated to charity has now gone a step further – urging the Government to donate the first £100 million in annual Financial Conduct Authority (FCA) fines solely to the hospice sector.

Hospices across the UK are already facing a £70 million black hole, with only 20-33% of costs being covered by NHS funding.
We want this petition to achieve 100,000 signatories to show to Government the public’s desire for this to be debated in Parliament and Box Power CIC are encouraging as many people as possible to sign to help the hospice sector gain much needed extra funding.

Some of the multiple hospices directly lending their name to the Box Power CIC campaign include Hope House and Tŷ Gobaith across Shropshire, Cheshire, Powys and North Wales, Hospice at Home West Cumbria and Hospice at Home Carlisle and North Lakeland.
Simi Epstein, Director of Income Generation, Hope House Children’s Hospices, says: “Hope House Children’s Hospices are grateful to Box Power for highlighting our need for additional and sustainable funding. We know that there are children and families in our local communities who are suffering and too many get support too late or not at all.

“We are a charity that aims to give every local child with a life-threatening condition and their family access to professional care and improve their quality of life from the point of diagnosis. We would like to encourage everyone to sign this petition so that together we can ensure that no one faces the death of their child alone.”

Founded in 2014, Box Power CIC is the UK’s first philanthropic not-for-profit energy consultancy for business. The company celebrated their 10th year in business by donating a whopping £10,000 each to local Bolton charities close to their hearts including Bolton Hospice and in total have donated over £800,000 of company profits to charities in the northwest.

Corin Dalby, CEO of Box Power, says: “As a supporter of several hospices, it is heart-breaking to see many who have invested time and fundraising to keep hospices open struggle to cover the basic operating costs.

“Some have tirelessly fundraised to build precious rooms left empty because they cannot fund them due to cost constraints, placing added burden on donations. It is shocking, despite the reality that a well-funded hospice sector would ease the pressure on NHS and social care, hospices only receive between 20-33% of state funding.

“There are hundreds of millions in annual FCA fines which go into the government pot and generally as a result of an injustice to the UK people who may benefit from the services offered by hospices, there is no better way to complete the circle by allocating these funds to the UK hospice sector.”
Hospice signatories include: – Birmingham Hospice, Bury Hospice, Derian House Children’s Hospice, Dorothy House Hospice, Care, Hope House and Tŷ Gobaith, Hospice At Home Carlisle and North Lakeland, Hospice at Home West Cumbria, Julia’s House Children’s Hospices, Kate’s Home Nursing, Longfield Hospice, North Devon Hospice, Prospect Hospice, Rowcroft Hospice, St David’s Hospice (North Wales), St Kentigern Hospice, St Wilfrid’s Hospice Chichester, Weston Hospice care, Ardgowan Hospice

To sign the Box Power CIC petition please click https://www.change.org/boxpower100mll

QR

About Box Power:
Founded in 2014, Box Power CIC is the UK’s first philanthropic not-for-profit energy consultancy for business. In 2021, Box Power donated £800,000 to north west charities. Box Power have won the following awards:
Telca “Do the Right Thing” Award.
Federation of Small Businesses Community Award & Service Excellence Award.
• Box Power Chief Executive Corin Dalby was named Businessperson of the Year in the 2023
Manchester Evening News Business Awards.

For more media information: Sophie Berkley [email protected] / 07999048422

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