Charities are not immune to a recession, and recent research from Rapidata has shown that in addition to cutting back on charity donations, more and more people are cancelling their various direct debits to charities.
Furthermore, Fairinvestment.co.uk has discovered that if people found themselves with money left over at the end of each month, just one per cent would donate that cash to charity.
Commenting, Fairinvestment.co.uk spokesperson Rachael Stiles said: "It is disappointing that so many people have cutback on charity donations. Although it is understandable given the current financial climate, charities need the donations now more than ever.
"The fact that only one per cent of people would donate any extra cash they had to charity is concerning, but at least with Red Nose Day there are a number of products people can buy, which consequently donate money to charity."
This year Red Nose Day (http://www.rednoseday.com/
Ms Stiles added: "As Brits cut back on trips to the cinema and eating out, what better way to spend a Friday night than at home in support of Red Nose Day? People could even donate the money they have saved by not going out.
"A one off donation of what you can afford to Red Nose Day does not have the same level of commitment as setting up a direct debit, but it still helps those who need it most during a recession.
"If charities fail to survive the recession, who will be there to support those who have been worst affected? Donations will make a difference, no matter how small the amount."
Comic Relief's Red Nose Day raises money to support a number of projects both in the UK and in Africa, ranging from children and young people to women and those affected by AIDS.
Fairinvestment.co.uk actively supports a number of charities, including Five Talents (http://www.fivetalents.org.uk/
Like Comic Relief, all of the charities supported by Fairinvestment.co.uk support long-term projects that help people to help themselves by empowering them with the means they need.
Ends
*Survey conducted by OnePoll for Fairinvestment.co.uk with 2,000 respondents
About Fair Investment
• www.fairinvestment.co.uk, is an independent online finance portal, providing comparison tools, news, reviews and information on a wide range of financial products and services, including insurance, credit cards, mortgages, loans, savings and investments.
• Fair Investment Company is a leading internet player that sees 400,000 unique users per month, sells over £5 billion worth of mortgage enquiries and is a Hitwise 100 Banks and Financial Institutions site.
For further information, contact:
Rebecca Sargent
Fair Investment Company
Telephone: 0117 9335557
Fax: 0117 9335509
E-mail: rebeccas@fairinvestment.co.uk
Web: www.fairinvestment.co.uk
