Charities in fear of credit crunch

Charities in fear of credit crunch

CHARITIES fear that they could be casualties of the financial crisis and are hoping that the public will continue to buy Christmas lottery tickets to support them.

Association of Jersey Charities chairman Advocate Chris Renouf (pictured) said that when money was tight donations to charity were among the first things to go. It was even more important therefore, he said, that members of the public continued to support the Christmas lottery draw which raised funds for the many charities whose efforts benefited local residents.

He said: ‘I would like to think the public would regard the lottery as having the potential to improve their financial situation in return for the very low cost of buying a ticket.’

Jersey Hospice Care treasurer Ian Richardson said that it was inevitable that people would be far more cautious when spending their money and it would have an impact on the amount they donated to charity.

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