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Crunch time for charities

August 7, 2008 23:00

By

Leon Symons,

Leon Symons

1 min read

Jewish charities are suffering grave financial effects from the credit crunch sweeping the UK.

Charities in all areas - from single-issue organisations to those with larger remits - have seen donations fall as people find themselves with less disposable income while spending more on utility bills.

The cost of kosher food has also risen dramatically this year, meaning charities are having to spend far more on running costs.

Of the 2,200-odd charities serving Jewish interests, only 70 have so far taken part in the Jewish Leadership Council's Shared Resources Initiative, but chief executive Jeremy Newmark said more are joining all the time.

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