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With the BBC's latest Children In Need appeal raising upwards of #20m, and the X Factor Finalists' remake of Mariah Carey's Hero dashing past the 600,000 sales mark to become the first platinum single of 2008, charity has so far survived the credit crunch.
Children In Need will doubtless raise even more money than has thus far been pledged - it always does - not least because of the official Children In Need single for 2008, which pairs McFly's own Do Ya with their cover of Stay With Me, the old Rod Stewart & The Faces hit.
The release of Do Ya/Stay With Me last Monday came just a few days before the 24th anniversary of the record that opened the floodgates for charity records - Band Aid's Do They Know It's Christmas.
The pioneering song, penned by Bob Geldof and Midge Ure to generate funds to fight the famine in Ethiopia, certainly provided the template for future charity releases and set a sales benchmark but was not the first.
George Harrison, for example, released not only a single, Bangladesh, to benefit the breakaway nation in 1971, but also put together a concert and a charity album, both entitled The Concert For Bangladesh.
By 1977, The Philadelphia International Allstars - a phenomenal aggregation of R&B talent from Kenny Gamble and Leon Huff's Philadelphia International label - were singing Let's Clean Up The Ghetto, and donating their royalties for doing so to various inner city relief projects.
And two years later The Bee Gees' Too Much Heaven and Abba's Chiquitita were both gifted to the United Nations' children's fund, UNICEF.