Joanna Williams

Joanna Williams

Stonewall’s collapse can’t come soon enough

Stonewall has been on the wrong side of history since it moved away from defending lesbian and gay rights

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Joanna Williams
Jan 08, 2026
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At last, some good news: Stonewall, the charity behind so much of the gender insanity that has gripped Britain in recent years, is going broke. Accounts seen by the Daily Telegraph suggest the organisation reported a net deficit of more than £906,000 at the end of the last financial year. A fall of over £2 million in income on the previous year, alongside spending of £5.6 million, means Stonewall now has a meagre £92,000 left in reserve. Unless there’s a dramatic change of fortune, it seems the charity really could be one legal case or redundancy payout away from bankruptcy. 2026 is beginning to look up!

The financial problems Stonewall now faces inadvertently reveal exactly how influential the charity was until just a very few years ago. At the start of this decade, Stonewall held sway across public institutions and multinational corporations alike. Its reach extended into universities, the BBC, schools, branches of the civil service, businesses that were household names and the Scottish and Welsh parliaments. The more powerful Stonewall became, the more the money rolled in.

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At the heart of the cash-generating swizz was Stonewall’s workplace equality index. Incredibly, organisations were persuaded to cough up huge sums for the privilege of being assessed, monitored, and hectored by Stonewall in return for a bronze, silver or gold badge and membership of Stonewall’s diversity champions programme. Those that fell short of the charity’s exacting standards, which almost all did, could pay additional money for staff training programmes and – most controversially – ‘advice’ on how to interpret equalities legislation.

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