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UK Forking Over $60M to Bail Out Charities

Nonprofits fear reduced services for homeless, unemployed, families

By Jason Farago,  Newser Staff

Posted Feb 9, 2009 5:21 AM CST

(Newser) – The British government will bail out the nation's charities with a $60 million lifeline, as experts warned that one in three nonprofits may have to lay off staff, reports the Guardian. While the charities welcomed the bailout, it is far less than the $150 million...   Read full story »

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