”Partnership needed” to tackle financial crisis

Posted in News on the October 28th, 2008

Those working in the third sector should form a partnership with the government and private businesses in order to successfully tackle the economic downturn.

Such is the assertion of Stuart Etherington, chief executive of the National Council for Voluntary Organisations (NCVO), who claims that there is a need to operate as network partners as the impact of the financial crisis are wide-ranging, ThirdSector.co.uk reports.

At a speech at Sheffield Hallam University, Mr Etherington said: "The credit crunch is having a huge impact not only on the economy and across government but throughout civil society."

Consequently, he called for a "tripartite deal" involving the government, businesses and the third society to be created to find a solution to the crisis.

Earlier this month, the NCVO chief executive called on the government to improve funding resources for the third sector by demanding that banks contribute all money being held in dormant accounts to charities and voluntary groups.

More about network partners.ADNFCR-1923-ID-18847316-ADNFCR

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