MEDIA DIGEST, 1 October: City goodness, cancer drugs, charity cards

Third Sector's round-up of today's top stories, including CRUK's interest in a potential anti-cancer drug, former City workers trying out philanthropy and a newspaper's charitable discount card

Jobless City workers turn their hands to philanthropy
City bankers made redundant thanks to the credit crunch are turning to UK charities in search of work. Forum3, a leading recruitment agency, has revealed that charities are keen to hire former star bankers to help them raise funds and are also able to pay better salaries than in the past. "Charities need good skills and the right attitude; it is an increasingly professional sector," Deborah Hockham, a director at forum3, told Reuters.
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Addaction campaign to back support programmes
Addiction charity Addaction will launch a new campaign next week in the hope of raising £10m to launch new support programmes. Alan Booth, the charity's director of marketing and communications, said that the campaign was part of a wider drive to increase revenue streams and "spread risk" at a time of increasing economic uncertainty. Addaction is reliant on government contracts for more than 90 per cent of its funding.
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CRUK embraces research on new drug
Cancer Research Technology, the development and commercialisation arm of Cancer Research UK, and pharmaceutical company Astex Therapeutics have agreed to carry out development work on a potential new anti-cancer treatment. AT13148 is the second drug to be taken into the charity's Clinical Development Partnerships programme. Dr Victoria John, head of clinical partnerships at the charity, said: "We're very excited to be entering this deal. This agent has been identified as a promising development candidate, which has the potential to impact on a wide range of cancers."
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Evening Standard launches charity discount card
The Evening Standard is to launch an Eros charity card that enables readers to donate the savings they make on the paper's cover price to their chosen charities. The Eros Charity Card will be launched tomorrow. The card enables customers to purchase the Evening Standard for half price. The saving can then be donated to a charity chosen from a list.
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