U.K. Charity Direct Debit Cancellations Highest Ever in August

June (3.87%) and July’s (3.91%) cancellation rates were lower, not exceeding 4%, but both were still much higher rates than expected for this time of year and through consecutive months. For the last four months rates have followed the shape of the annual Cancellation Cycle but at a full percentage point higher than this time last year, reflecting an economic shift since Q1 2011.