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Reduced business spending on charities 'inevitable'
By Sarah Townsend, Third Sector Online, 19 September 2008
A senior figure at Business in the Community has said it is inevitable that businesses will reduce their spending on charities during the economic downturn.
Catherine Sermon, director of community at BITC , said the slowdown could also lead to changes in the nature of corporate-charity partnerships. Speaking in advance of a BITC conference tomorrow, which will explore the place of community investment in the current economic climate, she said: "Companies will inevitably have to...
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