Grants Must Be Protected

Summary


Council chiefs in Newcastle admit they've given up hope of recovering the cash used to help create jobs at the Lloyds TSB call centre.

The council paid pounds 232,000 to help set up the call centre, but when Lloyds TSB announced it was transferring the work to India with the loss of nearly 1,000 jobs, it was thought the council could get the money back.

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Extract


Grants Must Be Protected

However, there was no clawback clause and the matter ...

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