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

The voluntary sector has asked the Government to provide assistance. In February, the Government announced a £42.5m bailout, which was less than a tenth of the £500m that struggling charities said they needed to ride out the recession. The money will only go to those charities that are dealing with the direct fallout of the recession, leaving many organisations forced to battle the credit crunch on their own.