Loneliness charity the Cares Family goes bust, warning others will follow

The Cares Family chief executive, Nicola Upton, says the increasing cost of living, funding issues and other factors were behind the group’s collapse. Photograph: Photographer, Basak Gurbuz Derman/Getty Images

A charity that hosted the launch of Theresa May’s anti-loneliness strategy has gone bust, citing “insurmountable” financial problems and warned that more voluntary organisations are likely to follow it into insolvency in the coming months.

The Cares Family, a group of charities that ran community projects tackling social isolation in London and the north-west of England, closed suddenly on Tuesday. It blamed the cost of living crisis, funding issues and a “slew of other factors”.