Charity investments safe as 'double-dip recession unlikely'?

Charity investments might be protected from further effects of the recession, as one expert claims Britain's economy is likely to falter rather than return to the depths of the banking crisis.

David Kern, economic advisor at the British Chambers of Commerce, argued the nation is "in for a period of slow growth", adding: "If there is going to be any pick up it will be much more towards the second half of 2011."

This should be good news for charity investments, as a double-dip recession could have meant less socially-responsible investment and a general contraction of funds available for third sector organisations.

The fiscal expert suggests quantitative easing will support the UK economy and reduce the risk of spending cuts throwing it back into crisis.

Yesterday (October 18th), the Ernst and Young ITEM Club reported the pace of expansion is slowing, meaning this winter will bring with it a "soft patch" following the better-than-expected performance over the first half of the year.  ADNFCR-2318-ID-800123389-ADNFCR