We are all in it together!

Gold rush helps hedge funds bounce back‎
"The hedge fund industry, heavily criticised for gambling on the collapse of some banks in 2008, will end up the year with $2.4tn (£1.54tn) of assets under management, after adding a net $79.5bn during the past 11 months, according to HFN, a trade publication." Guardian 29/12/10

• About 2,500 charities that provide welfare services in Greater Manchester – around a quarter of all voluntary groups in the area – could go bust because of the cuts, according to estimates by the Greater Manchester Centre for Voluntary Organisation.


• A quarter of charities in the north-east of England which depend at least partially on public funding will go bust in the next 12 months, according to research by Voluntary Organisations Network North East. It says that while demand for services has rocketed, 64% of charities surveyed say they will be forced to close services.
• A third of charities nationally that receive state cash say they will have to reduce the level of services they provide, while over a quarter expect to make staff redundant, a survey by the Charity Finance Directors Group, consultants PWC and the Institute of Fundraising found.

All Hail the Big Society!!!