Government Urged To Act On Charity Banking Cash Crisis, UK

The government can’t ignore the credit crunch crisis that is engulfing Britain’s charities, Unite, the country’s biggest union, warned today (10 October). Unite, which has 60,000 members in the not-for-profit sector, is writing to the new minister for the Third Sector, Kevin Brennan calling for concerted government action to help voluntary sector organisations which may have directly lost money in the Icelandic banking debacle or as a result of the investments of its funders.

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Filed under: Aid / Disasters on October 11th, 2008