Charities Run Out of Money — Just When They Need it Most

Figures released by the Charity Commission today show that more than half of all Britain's charities are now suffering as a direct result of the economic situation, up from 38 per cent six months ago, when the recession had yet to hit home.

At the same time, at least a fifth of all charities have seen an increase in demand for their services. Dame Suzi Leather, who is chairman of the Charity Commission, said the impact of the financial downturn on charities was now widening and deepening. "Some charities still face that double whammy of a drop in income as well as an increased demand for services," she added.