Market losses force Guide Dogs association to impose severe cuts

Cutbacks at Guide Dogs for the Blind

source: Terri Judd
Independent 6 September 2002 p5

British charity Guide Dogs for the Blind, is close all residential centres, and may shed 150 jobs. The cutbacks are the result of losses on the charity's stock portfolio in 2001. The charity has also overspent. Guide Dogs for the Blind is putting 31 district teams in place of 15 training centres. This change should help improve the flexibility of the service offered by the charity, as well as cutting costs, the charity notes. People increasingly want training in their own homes. Guide Dogs' income comes from legacies and donations, which are forecast to decline. There are some 4,800 users of the charity's guide dogs.
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